IDBI Retail Asset Kolhapur IFSC Code
IDBI
IFSC · Used for NEFT, IMPS & RTGS
MICR · This branch may not process cheques.
Branch
Retail Asset Kolhapur
Address
Assembly Road Kolhapur,rac Ground Floor, Royal Heritage Building ,opp To Basant Bahar Theater ,assembly Road Kolhapurpin 416002 Maharashtra
View on Google MapsDistrict
Kolhapur
State
Maharashtra
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4 nearby branches — click to view IFSC
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3rd Lane, Shahupuri,, Opp Vinayak Bus Stop,, Shahupuri, Kolhapur, Pincode 416001
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1763, E, Rajarampuri,, 4th Lane, Rajarampuri,, Kolhapur, Pincode 416008
Frequently Asked Questions
About IDBI Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853), Kolhapur
The IFSC code IBKL0000853 (lowercase: ibkl0000853) belongs to IDBI, specifically the Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853) branch located in Kolhapur, Maharashtra.
The 5th character in the IFSC code IBKL0000853 is a zero (0), not the letter 'O'. The correct format is IBKL0000853 (lowercase: ibkl0000853), and not IBKLO000853. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of IDBI Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853) in Kolhapur, Maharashtra is IBKL0000853. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
IDBI Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853) is located at Assembly Road Kolhapur,rac Ground Floor, Royal Heritage Building ,opp To Basant Bahar Theater ,assembly Road Kolhapurpin 416002 Maharashtra, Kolhapur, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR code for IDBI Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853) in Kolhapur is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.
Yes. IFSC code IBKL0000853 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code IBKL0000853 by checking: (1) The top-left corner of any IDBI Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853) cheque leaf, (2) The first page of your IDBI passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: IBKL0000853
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
IBKL0000853
What Each Part Means
- Bank Code — IBKL
- The first 4 characters uniquely identify IDBI at the national level. Every branch of IDBI across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 000853
- The final 6 characters 000853 uniquely identify this specific branch within the IDBI network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | IBKL | Identifies IDBI |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 000853 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
IDBI
Retail Asset Kolhapur (assembly Road Kolhapur Rac - 0853), Kolhapur, Maharashtra
Cheque No.
00000853
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | IBKL0000853 | Not available |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.