IDBI BANK IFSC Code – SHREE BOTAD MERCANTILE COOP BANK, BOTAD
Complete bank details including IFSC code, MICR code, address and payment facilities for SHREE BOTAD MERCANTILE COOP BANK branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | SHREE BOTAD MERCANTILE COOP BANK |
| IFSC Code | IBKL01606BM |
| MICR Code | 364802051 |
| Address | VEPAR BHAVAN,TOWER CHOWK,BOTAD 364710 |
| City | BOTAD |
| District | BHAVNAGAR |
| State | GUJARAT |
| Contact | 252257 |
Payment Facilities
About IFSC Code IBKL01606BM
The IFSC code IBKL01606BM uniquely identifies the SHREE BOTAD MERCANTILE COOP BANK branch of IDBI BANK located in BOTAD, GUJARAT. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IBKL01606BM
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (1606BM) – Unique branch identifier for SHREE BOTAD MERCANTILE COOP BANK
How to Use IFSC Code IBKL01606BM
To transfer money to any account at IDBI BANK SHREE BOTAD MERCANTILE COOP BANK branch, you will need to provide the IFSC code IBKL01606BM along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SHREE BOTAD MERCANTILE COOP BANK
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About IDBI BANK SHREE BOTAD MERCANTILE COOP BANK Branch
IDBI BANK SHREE BOTAD MERCANTILE COOP BANK is a branch of IDBI BANK located in BOTAD, GUJARAT. The branch provides comprehensive banking services to customers in BOTAD and surrounding areas.
Branch Address
VEPAR BHAVAN,TOWER CHOWK,BOTAD 364710, BOTAD, GUJARAT
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 364802051. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of IDBI BANK SHREE BOTAD MERCANTILE COOP BANK?
The IFSC code of IDBI BANK SHREE BOTAD MERCANTILE COOP BANK branch in BOTAD is IBKL01606BM.
What is the MICR code of IDBI BANK SHREE BOTAD MERCANTILE COOP BANK?
The MICR code of IDBI BANK SHREE BOTAD MERCANTILE COOP BANK branch is 364802051.
What is the address of IDBI BANK SHREE BOTAD MERCANTILE COOP BANK?
IDBI BANK SHREE BOTAD MERCANTILE COOP BANK branch is located at VEPAR BHAVAN,TOWER CHOWK,BOTAD 364710.
Does IDBI BANK SHREE BOTAD MERCANTILE COOP BANK support NEFT/RTGS/IMPS?
IDBI BANK SHREE BOTAD MERCANTILE COOP BANK branch supports NEFT, RTGS, IMPS, and UPI transactions.