IFSC Code of IDBI Bank, Hutatma Shahkari Bank Ltd Walwa Branch, Maharashtra

Below are the complete branch details for IDBI Bank, HUTATMA SHAHKARI BANK LTD WALWA branch, located in KOLHAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0116HSB. 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 IBKL0116HSB for IDBI Bank – HUTATMA SHAHKARI BANK LTD WALWA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, IBKL0116HSB is the IFSC of IDBI Bank's HUTATMA SHAHKARI BANK LTD WALWA branch. The format is fixed: IBKL = bank code, 0 = reserved, 116HSB = branch identifier.

About IDBI Bank

IDBI Bank operates a wide network of branches across India, including the Hutatma Shahkari Bank Ltd Walwa branch in Kolhapur. 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, IBKL0116HSB.

Branch details at a glance

About the Hutatma Shahkari Bank Ltd Walwa branch

The Hutatma Shahkari Bank Ltd Walwa branch of IDBI Bank is situated at TALUKA WALWA. 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 IBKL0116HSB 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 HUTATMA SHAHKARI BANK LTD WALWA of IDBI Bank — its own 11-character IFSC. The code IBKL0116HSB 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 IBKL0116HSB the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Hutatma Shahkari Bank Ltd Walwa branch is mapped to IFSC IBKL0116HSB 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 IBKL0116HSB.

Banking services available

The Hutatma Shahkari Bank Ltd Walwa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2342-267338.

• 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 IBKL0116HSB

How to transfer money using IFSC IBKL0116HSB

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 IBKL0116HSB across all three.

NEFT to IDBI Bank, HUTATMA SHAHKARI BANK LTD WALWA using IFSC IBKL0116HSB

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 IBKL0116HSB, and confirm that the system picks up IDBI Bank – HUTATMA SHAHKARI BANK LTD WALWA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to HUTATMA SHAHKARI BANK LTD WALWA

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's HUTATMA SHAHKARI BANK LTD WALWA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0116HSB while initiating the transfer and the credit will appear within minutes.

IMPS to IDBI Bank HUTATMA SHAHKARI BANK LTD WALWA (IFSC IBKL0116HSB)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0116HSB in your mobile or internet banking app, and the money is credited to the HUTATMA SHAHKARI BANK LTD WALWA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC IBKL0116HSB for IDBI Bank – HUTATMA SHAHKARI BANK LTD WALWA, 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.

For most retail customers crediting the Hutatma Shahkari Bank Ltd Walwa 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.

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 HUTATMA SHAHKARI BANK LTD WALWA branch, the IFSC IBKL0116HSB 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.

Digital banking channels

Most day-to-day work that customers used to do at the Hutatma Shahkari Bank Ltd Walwa 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 IBKL0116HSB 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.

MICR & cheque-truncation details

Cheques drawn on the Hutatma Shahkari Bank Ltd Walwa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0116HSB for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – HUTATMA SHAHKARI BANK LTD WALWA:

• The IFSC is exactly IBKL0116HSB 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 HUTATMA SHAHKARI BANK LTD WALWA 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 Hutatma Shahkari Bank Ltd Walwa branch sits at TALUKA WALWA. If you are travelling from outside Kolhapur, search for the branch on a maps application using the bank name and locality, or call 2342-267338 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 IBKL0116HSB and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IBKL0116HSB for IDBI Bank – HUTATMA SHAHKARI BANK LTD WALWA, 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 Hutatma Shahkari Bank Ltd Walwa 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 IBKL0116HSB continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: IBKL0116HSB is the IFSC code of IDBI Bank, HUTATMA SHAHKARI BANK LTD WALWA branch, in KOLHAPUR, MAHARASHTRA. 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.