IFSC Code of IDBI Bank, Alibag Co Op Urban Bank Ltd Alibag Branch, Maharashtra

Use this page as a one-stop reference for everything related to IDBI Bank's ALIBAG CO OP URBAN BANK LTD ALIBAG branch in ALIBAG, MAHARASHTRA. The branch's IFSC code IBKL0299ACB is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 – ALIBAG CO OP URBAN BANK LTD ALIBAG is IBKL0299ACB. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 299ACB map to this branch in ALIBAG, MAHARASHTRA.

About IDBI Bank

IDBI Bank operates a wide network of branches across India, including the Alibag Co Op Urban Bank Ltd Alibag branch in Alibag. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IBKL0299ACB.

About this branch

The branch is located at ALIBAG CO OP URBAN BANK LTD ALIBAG MAHARSHI KARVE ROAD ALIBAG RAIGAD 402201. It serves the Alibag region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of IDBI Bank. The IFSC IBKL0299ACB is used to identify this branch on the RBI payments network.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how IDBI Bank's ALIBAG CO OP URBAN BANK LTD ALIBAG branch came to be assigned the code IBKL0299ACB.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IBKL0299ACB, money simply cannot be routed to the ALIBAG CO OP URBAN BANK LTD ALIBAG branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Alibag Co Op Urban Bank Ltd Alibag branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0299ACB for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC IBKL0299ACB

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 IBKL0299ACB across all three.

How to use IFSC IBKL0299ACB for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's ALIBAG CO OP URBAN BANK LTD ALIBAG branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IBKL0299ACB.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as ALIBAG CO OP URBAN BANK LTD ALIBAG.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to ALIBAG CO OP URBAN BANK LTD ALIBAG

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's ALIBAG CO OP URBAN BANK LTD ALIBAG branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0299ACB while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to IDBI Bank – ALIBAG CO OP URBAN BANK LTD ALIBAG, use IMPS. With IFSC IBKL0299ACB and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Alibag Co Op Urban Bank Ltd Alibag

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IBKL0299ACB:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at ALIBAG CO OP URBAN BANK LTD ALIBAG is still linked to IFSC IBKL0299ACB.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC IBKL0299ACB

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 – ALIBAG CO OP URBAN BANK LTD ALIBAG is still mapped to IFSC IBKL0299ACB. 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 IBKL0299ACB and the beneficiary's account number to complete the transfer.

Account types you can open at the Alibag Co Op Urban Bank Ltd Alibag branch

Once you have an account at IDBI Bank – ALIBAG CO OP URBAN BANK LTD ALIBAG, the IFSC IBKL0299ACB stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Alibag Co Op Urban Bank Ltd Alibag branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2141-224464.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC IBKL0299ACB

Online banking and IFSC IBKL0299ACB

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the ALIBAG CO OP URBAN BANK LTD ALIBAG 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 IBKL0299ACB 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.

Reaching the branch

The Alibag Co Op Urban Bank Ltd Alibag branch sits at ALIBAG CO OP URBAN BANK LTD ALIBAG MAHARSHI KARVE ROAD ALIBAG RAIGAD 402201. If you are travelling from outside Alibag, search for the branch on a maps application using the bank name and locality, or call 2141-224464 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 IBKL0299ACB and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDBI Bank – ALIBAG CO OP URBAN BANK LTD ALIBAG:

• The IFSC is exactly IBKL0299ACB with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills IDBI Bank as the bank name and ALIBAG CO OP URBAN BANK LTD ALIBAG as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Alibag Co Op Urban Bank Ltd Alibag branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0299ACB, however, work 24x7.

Verifying IFSC IBKL0299ACB from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IBKL0299ACB by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2141-224464.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0299ACB belongs to IDBI Bank's ALIBAG CO OP URBAN BANK LTD ALIBAG branch, located at ALIBAG CO OP URBAN BANK LTD ALIBAG MAHARSHI KARVE ROAD ALIBAG RAIGAD 402201 in ALIBAG, 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.