IDBI, LOKNETE DATTAJI PATIL SAHKARI BANK LTD, NASIK Branch IFSC Code

The IFSC code IBKL01992L2 is assigned to IDBI, LOKNETE DATTAJI PATIL SAHKARI BANK LTD located in NASIK, 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 IBKL01992L2
MICR Code 422259254
Branch Code 1992L2
Branch LOKNETE DATTAJI PATIL SAHKARI BANK LTD
City NASIK
District NASHIK
State MAHARASHTRA
Address PHINIX TOWER,NEW PANDIT COLONY,NASHIK PIN 422002 Maps
Contact +912532312526

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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)
1992L2 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.

422 City Code
259 Bank Code
254 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 IBKL01992L2 is the Indian Financial System Code assigned to IDBI, LOKNETE DATTAJI PATIL SAHKARI BANK LTD branch in NASIK, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NASIK, NASHIK, MAHARASHTRA. The full address is: PHINIX TOWER,NEW PANDIT COLONY,NASHIK PIN 422002

The branch code is 1992L2. 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 422259254. 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: IBKL01992L2
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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