IFSC Code of IDBI Bank, Khordha Central Co Operative Bank Ltd Branch, Odisha

This page lists the IFSC code, branch address, contact number and fund-transfer information for IDBI Bank, KHORDHA CENTRAL CO OPERATIVE BANK LTD branch in BALUGAON. The 11-digit IFSC IBKL042KC14 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with IDBI Bank at the KHORDHA CENTRAL CO OPERATIVE BANK LTD location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

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 – KHORDHA CENTRAL CO OPERATIVE BANK LTD is IBKL042KC14. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 42KC14 map to this branch in BALUGAON, ODISHA.

About IDBI Bank

IDBI Bank operates a wide network of branches across India, including the Khordha Central Co Operative Bank Ltd branch in Balugaon. 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, IBKL042KC14.

Branch details at a glance

About this branch

The branch is located at AT PO BALUGAON, CHILLIKA ROAD. It serves the Balugaon 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 IBKL042KC14 is used to identify this branch on the RBI payments network.

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 KHORDHA CENTRAL CO OPERATIVE BANK LTD branch came to be assigned the code IBKL042KC14.

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 IBKL042KC14, money simply cannot be routed to the KHORDHA CENTRAL CO OPERATIVE BANK LTD branch electronically.

Products and account variants supported

Every account opened at the Khordha Central Co Operative Bank Ltd branch is mapped to IFSC IBKL042KC14 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 IBKL042KC14.

Products and services

Customers walking into the Khordha Central Co Operative Bank Ltd 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 IBKL042KC14

How to transfer money using IFSC IBKL042KC14

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 IBKL042KC14 across all three.

NEFT to IDBI Bank, KHORDHA CENTRAL CO OPERATIVE BANK LTD using IFSC IBKL042KC14

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 IBKL042KC14, and confirm that the system picks up IDBI Bank – KHORDHA CENTRAL CO OPERATIVE BANK LTD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC IBKL042KC14

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to IDBI Bank – KHORDHA CENTRAL CO OPERATIVE BANK LTD, ensure your bank's portal accepts IFSC IBKL042KC14 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDBI Bank KHORDHA CENTRAL CO OPERATIVE BANK LTD (IFSC IBKL042KC14)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL042KC14 in your mobile or internet banking app, and the money is credited to the KHORDHA CENTRAL CO OPERATIVE BANK LTD branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Khordha Central Co Operative Bank Ltd

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 IBKL042KC14:

• 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 KHORDHA CENTRAL CO OPERATIVE BANK LTD is still linked to IFSC IBKL042KC14.

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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at IDBI Bank's KHORDHA CENTRAL CO OPERATIVE BANK LTD branch, the IFSC IBKL042KC14 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Online banking and IFSC IBKL042KC14

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the KHORDHA CENTRAL CO OPERATIVE BANK LTD 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 IBKL042KC14 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.

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 IBKL042KC14 and the account number together uniquely identify the Khordha Central Co Operative Bank Ltd branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – KHORDHA CENTRAL CO OPERATIVE BANK LTD:

• The IFSC is exactly IBKL042KC14 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 KHORDHA CENTRAL CO OPERATIVE BANK LTD 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.

Reaching the branch

The Khordha Central Co Operative Bank Ltd branch sits at AT PO BALUGAON, CHILLIKA ROAD. If you are travelling from outside Balugaon, search for the branch on a maps application using the bank name and locality, or call 675-6250234 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 IBKL042KC14 and your account number.

Verifying IFSC IBKL042KC14 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 IBKL042KC14 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 675-6250234.
• Visiting the bank's official branch locator page.

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 Khordha Central Co Operative Bank Ltd branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL042KC14, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: IBKL042KC14 is the IFSC code of IDBI Bank, KHORDHA CENTRAL CO OPERATIVE BANK LTD branch, in BALUGAON, ODISHA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.