IDBI, PAVANA SAHAKARI BANK LTD PUNE, PUNE Branch IFSC Code

The IFSC code IBKL0087007 is assigned to IDBI, PAVANA SAHAKARI BANK LTD PUNE located in PUNE, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name IDBI
IFSC Code IBKL0087007
MICR Code 411174424
Branch Code 087007
Branch PAVANA SAHAKARI BANK LTD PUNE
City PUNE
District PUNE
State MAHARASHTRA
Address IYV7GIBLMMBIKI 05 Maps
Contact +912065342043

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IBKL Bank Code
0 Reserved (0)
087007 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

411 City Code
174 Bank Code
424 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IBKL0087007 is the Indian Financial System Code assigned to IDBI, PAVANA SAHAKARI BANK LTD PUNE branch in PUNE, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PUNE, PUNE, MAHARASHTRA. The full address is: IYV7GIBLMMBIKI 05

The branch code is 087007. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of IDBI.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 411174424. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IBKL0087007
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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