Below are the complete branch details for IDBI Bank, RAC AHMEDNAGAR branch, located in AHMADNAGAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0008032. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IBKL0008032 for IDBI Bank – RAC AHMEDNAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for IDBI Bank – RAC AHMEDNAGAR is IBKL0008032. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 008032 map to this branch in AHMADNAGAR, MAHARASHTRA.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Rac Ahmednagar |
| IFSC Code | IBKL0008032 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR |
| City | Ahmadnagar |
| District | Ahmadnagar |
| State | Maharashtra |
| STD Code | 241 |
| Phone | 2343775 |
About the bank
IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Rac Ahmednagar branch in Ahmadnagar, Maharashtra is part of this network and uses the IFSC code IBKL0008032 for all electronic settlement.
About the Rac Ahmednagar branch
The Rac Ahmednagar branch of IDBI Bank is situated at SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IBKL0008032 is used.
Why every IDBI Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including RAC AHMEDNAGAR of IDBI Bank — its own 11-character IFSC. The code IBKL0008032 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IBKL0008032 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IBKL0008032
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IBKL0008032 across all three.
NEFT to IDBI Bank, RAC AHMEDNAGAR using IFSC IBKL0008032
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IBKL0008032, and confirm that the system picks up IDBI Bank – RAC AHMEDNAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RAC AHMEDNAGAR
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's RAC AHMEDNAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0008032 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank RAC AHMEDNAGAR (IFSC IBKL0008032)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0008032 in your mobile or internet banking app, and the money is credited to the RAC AHMEDNAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0008032 for IDBI Bank – RAC AHMEDNAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IBKL0008032 | Yes – IBKL0008032 | Yes – IBKL0008032 |
For most retail customers crediting the Rac Ahmednagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IBKL0008032
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at IDBI Bank – RAC AHMEDNAGAR is still mapped to IFSC IBKL0008032. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IBKL0008032 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Rac Ahmednagar branch is mapped to IFSC IBKL0008032 on the RBI payments network. The branch generally supports the full retail product catalogue of IDBI Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IBKL0008032.
Products and services
Customers walking into the Rac Ahmednagar branch can access most of IDBI Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IBKL0008032
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDBI Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IBKL0008032 and the account number together uniquely identify the Rac Ahmednagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IBKL0008032
IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the RAC AHMEDNAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IBKL0008032 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC IBKL0008032
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to IDBI Bank – RAC AHMEDNAGAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IBKL0008032. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Rac Ahmednagar branch sits at SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR. If you are travelling from outside Ahmadnagar, search for the branch on a maps application using the bank name and locality, or call 241-2343775 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IBKL0008032 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IBKL0008032 for IDBI Bank – RAC AHMEDNAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Rac Ahmednagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IBKL0008032 continue to work without interruption.
Branch address & contact
IDBI BankRac Ahmednagar Branch
SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR
Ahmadnagar, Maharashtra
Phone: 241-2343775
IFSC: IBKL0008032
Frequently asked questions
What is the phone number of IDBI Bank Rac Ahmednagar branch?
You can reach the branch at 241-2343775 during regular banking hours.
Is IFSC IBKL0008032 the same for all accounts at Rac Ahmednagar branch?
Yes. The IFSC IBKL0008032 is shared by every account held at IDBI Bank's Rac Ahmednagar branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IBKL0008032 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Rac Ahmednagar reflect within 30 minutes.
Where is IDBI Bank Rac Ahmednagar branch located?
IDBI Bank's Rac Ahmednagar branch is located at SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR, Ahmadnagar, Maharashtra.
How do I add IDBI Bank Rac Ahmednagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0008032, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IBKL0008032 valid for NEFT and RTGS?
Yes. IFSC IBKL0008032 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IBKL0008032 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0008032 to send funds instantly.
What is the IFSC code of IDBI Bank Rac Ahmednagar branch?
The IFSC code of IDBI Bank, Rac Ahmednagar branch is IBKL0008032. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IBKL0008032 belongs to IDBI Bank's RAC AHMEDNAGAR branch, located at SAVEDI NAKA,NAGAR MANMAD ROAD,AHMEDNAGAR in AHMADNAGAR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
