IFSC Code of IDBI Bank, Samruddhi Co Operative Bank Ltd Dharampeth Branch, Maharashtra

If you are searching for the IFSC code of IDBI Bank, SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH branch in NAGPUR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is IBKL0041SC2. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH branch, and detailed step-by-step guides for using the IFSC IBKL0041SC2 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH is IBKL0041SC2. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 041SC2 map to this branch in NAGPUR, MAHARASHTRA.

About the bank

IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Samruddhi Co Operative Bank Ltd Dharampeth branch in Nagpur, Maharashtra is part of this network and uses the IFSC code IBKL0041SC2 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at 207,GANGA NIWAS WEST HIGH COURT ROAD,NAGPUR 01. It serves the Nagpur 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 IBKL0041SC2 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 SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH of IDBI Bank — its own 11-character IFSC. The code IBKL0041SC2 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 IBKL0041SC2 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 Samruddhi Co Operative Bank Ltd Dharampeth branch is mapped to IFSC IBKL0041SC2 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 IBKL0041SC2.

Products and services

Customers walking into the Samruddhi Co Operative Bank Ltd Dharampeth 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 IBKL0041SC2

How to transfer money using IFSC IBKL0041SC2

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 IBKL0041SC2 across all three.

How to use IFSC IBKL0041SC2 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH 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 IBKL0041SC2.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH.
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 IBKL0041SC2

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 – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH, ensure your bank's portal accepts IFSC IBKL0041SC2 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to IDBI Bank – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH, use IMPS. With IFSC IBKL0041SC2 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC IBKL0041SC2 for IDBI Bank – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH, 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 Samruddhi Co Operative Bank Ltd Dharampeth 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.

UPI payments and IFSC IBKL0041SC2

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 – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH is still mapped to IFSC IBKL0041SC2. 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 IBKL0041SC2 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Samruddhi Co Operative Bank Ltd Dharampeth 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 IBKL0041SC2 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 Samruddhi Co Operative Bank Ltd Dharampeth branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0041SC2 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC IBKL0041SC2

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 – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH, 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: IBKL0041SC2.
• 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 Samruddhi Co Operative Bank Ltd Dharampeth branch sits at 207,GANGA NIWAS WEST HIGH COURT ROAD,NAGPUR 01. If you are travelling from outside Nagpur, search for the branch on a maps application using the bank name and locality, or call 712-2555412 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 IBKL0041SC2 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IBKL0041SC2 for IDBI Bank – SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH, 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 Samruddhi Co Operative Bank Ltd Dharampeth 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 IBKL0041SC2 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0041SC2 belongs to IDBI Bank's SAMRUDDHI CO OPERATIVE BANK LTD DHARAMPETH branch, located at 207,GANGA NIWAS WEST HIGH COURT ROAD,NAGPUR 01 in NAGPUR, 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.