IFSC Code of IDBI Bank, The Gumla Simdega Coop Bank Ltd Branch, Jharkhand

Use this page as a one-stop reference for everything related to IDBI Bank's THE GUMLA SIMDEGA COOP BANK LTD branch in GUMLA, JHARKHAND. The branch's IFSC code IBKL01259GB 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For IDBI Bank's THE GUMLA SIMDEGA COOP BANK LTD branch, the IFSC IBKL01259GB breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 1259GB identifies this particular branch.

About the bank

IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its The Gumla Simdega Coop Bank Ltd branch in Gumla, Jharkhand is part of this network and uses the IFSC code IBKL01259GB for all electronic settlement.

About the The Gumla Simdega Coop Bank Ltd branch

The The Gumla Simdega Coop Bank Ltd branch of IDBI Bank is situated at JASPUR ROAD, GUMLA, AT PO DIST GUMLA 835207. 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 IBKL01259GB is used.

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 THE GUMLA SIMDEGA COOP BANK LTD branch came to be assigned the code IBKL01259GB.

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 IBKL01259GB, money simply cannot be routed to the THE GUMLA SIMDEGA COOP BANK LTD branch electronically.

MICR & cheque-truncation details

Cheques drawn on the The Gumla Simdega Coop Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL01259GB 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 IBKL01259GB

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 IBKL01259GB across all three.

How to use IFSC IBKL01259GB for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's THE GUMLA SIMDEGA COOP BANK LTD 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 IBKL01259GB.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as THE GUMLA SIMDEGA COOP BANK LTD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC IBKL01259GB

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 – THE GUMLA SIMDEGA COOP BANK LTD, ensure your bank's portal accepts IFSC IBKL01259GB while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDBI Bank THE GUMLA SIMDEGA COOP BANK LTD (IFSC IBKL01259GB)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL01259GB in your mobile or internet banking app, and the money is credited to the THE GUMLA SIMDEGA COOP BANK LTD branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to The Gumla Simdega Coop 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 IBKL01259GB:

• 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 THE GUMLA SIMDEGA COOP BANK LTD is still linked to IFSC IBKL01259GB.

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 IBKL01259GB

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 – THE GUMLA SIMDEGA COOP BANK LTD is still mapped to IFSC IBKL01259GB. 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 IBKL01259GB and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the The Gumla Simdega Coop Bank Ltd branch is mapped to IFSC IBKL01259GB 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 IBKL01259GB.

Products and services

Customers walking into the The Gumla Simdega Coop 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 IBKL01259GB

Digital banking channels

Most day-to-day work that customers used to do at the The Gumla Simdega Coop Bank Ltd branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IBKL01259GB is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The The Gumla Simdega Coop Bank Ltd branch sits at JASPUR ROAD, GUMLA, AT PO DIST GUMLA 835207. If you are travelling from outside Gumla, search for the branch on a maps application using the bank name and locality, or call 6524-223006 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 IBKL01259GB 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 – THE GUMLA SIMDEGA COOP BANK LTD:

• The IFSC is exactly IBKL01259GB 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 THE GUMLA SIMDEGA COOP 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.

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 The Gumla Simdega Coop Bank Ltd branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL01259GB, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IBKL01259GB for IDBI Bank – THE GUMLA SIMDEGA COOP BANK LTD, 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.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL01259GB belongs to IDBI Bank's THE GUMLA SIMDEGA COOP BANK LTD branch, located at JASPUR ROAD, GUMLA, AT PO DIST GUMLA 835207 in GUMLA, JHARKHAND. 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.