IFSC Code of IDBI Bank, Khordha Central Coop Bank Bhubane Branch, Odisha

Below are the complete branch details for IDBI Bank, KHORDHA CENTRAL COOP BANK BHUBANE branch, located in BHUBANESWAR, ODISHA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0042KC1. 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 IBKL0042KC1 for IDBI Bank – KHORDHA CENTRAL COOP BANK BHUBANE — 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 – KHORDHA CENTRAL COOP BANK BHUBANE is IBKL0042KC1. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 042KC1 map to this branch in BHUBANESWAR, ODISHA.

Branch details at a glance

About the bank

IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Khordha Central Coop Bank Bhubane branch in Bhubaneswar, Odisha is part of this network and uses the IFSC code IBKL0042KC1 for all electronic settlement.

About this branch

The branch is located at PLOT NO 435,CUTTACK ROAD BUDHESWARI COLONY BHUBANESWAR. It serves the Bhubaneswar 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 IBKL0042KC1 is used to identify this branch on the RBI payments network.

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 KHORDHA CENTRAL COOP BANK BHUBANE of IDBI Bank — its own 11-character IFSC. The code IBKL0042KC1 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 IBKL0042KC1 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 IBKL0042KC1

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 IBKL0042KC1 across all three.

How to use IFSC IBKL0042KC1 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's KHORDHA CENTRAL COOP BANK BHUBANE 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 IBKL0042KC1.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as KHORDHA CENTRAL COOP BANK BHUBANE.
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 KHORDHA CENTRAL COOP BANK BHUBANE

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's KHORDHA CENTRAL COOP BANK BHUBANE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0042KC1 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 – KHORDHA CENTRAL COOP BANK BHUBANE, use IMPS. With IFSC IBKL0042KC1 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 Khordha Central Coop Bank Bhubane

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 IBKL0042KC1:

• 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 COOP BANK BHUBANE is still linked to IFSC IBKL0042KC1.

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 IBKL0042KC1

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 – KHORDHA CENTRAL COOP BANK BHUBANE is still mapped to IFSC IBKL0042KC1. 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 IBKL0042KC1 and the beneficiary's account number to complete the transfer.

Account types you can open at the Khordha Central Coop Bank Bhubane branch

Once you have an account at IDBI Bank – KHORDHA CENTRAL COOP BANK BHUBANE, the IFSC IBKL0042KC1 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.

Products and services

Customers walking into the Khordha Central Coop Bank Bhubane 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 IBKL0042KC1

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 IBKL0042KC1 and the account number together uniquely identify the Khordha Central Coop Bank Bhubane branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC IBKL0042KC1

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the KHORDHA CENTRAL COOP BANK BHUBANE 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 IBKL0042KC1 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 IBKL0042KC1

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 – KHORDHA CENTRAL COOP BANK BHUBANE, 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: IBKL0042KC1.
• 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 Khordha Central Coop Bank Bhubane branch sits at PLOT NO 435,CUTTACK ROAD BUDHESWARI COLONY BHUBANESWAR. If you are travelling from outside Bhubaneswar, search for the branch on a maps application using the bank name and locality, or call 674-2571048 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 IBKL0042KC1 and your account number.

Verifying IFSC IBKL0042KC1 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 IBKL0042KC1 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 674-2571048.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Khordha Central Coop Bank Bhubane 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 IBKL0042KC1 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0042KC1 belongs to IDBI Bank's KHORDHA CENTRAL COOP BANK BHUBANE branch, located at PLOT NO 435,CUTTACK ROAD BUDHESWARI COLONY BHUBANESWAR in BHUBANESWAR, ODISHA. 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.