IFSC Code of IDBI Bank, Annasaheb Magar Sahakari Bank Ltd Bhosari Branch, Maharashtra

If you are searching for the IFSC code of IDBI Bank, ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is IBKL0250A10. 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 ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch, and detailed step-by-step guides for using the IFSC IBKL0250A10 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.

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, IBKL0250A10 is the IFSC of IDBI Bank's ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch. The format is fixed: IBKL = bank code, 0 = reserved, 250A10 = branch identifier.

Bank profile

IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Annasaheb Magar Sahakari Bank Ltd Bhosari branch — IFSC IBKL0250A10 — extends the bank's services to customers in and around Pune, Maharashtra.

Branch details at a glance

About this branch

The branch is located at SURVEY NO 95 3B 2B 1A 2A 2 1 MANJARI BUDRUK,TAL HAVELI,DIST PUNE,PIN 412307. It serves the Pune 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 IBKL0250A10 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 ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch came to be assigned the code IBKL0250A10.

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 IBKL0250A10, money simply cannot be routed to the ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch electronically.

Products and account variants supported

Every account opened at the Annasaheb Magar Sahakari Bank Ltd Bhosari branch is mapped to IFSC IBKL0250A10 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 IBKL0250A10.

Banking services available

The Annasaheb Magar Sahakari Bank Ltd Bhosari branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-27124480.

• 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 IBKL0250A10

How to transfer money using IFSC IBKL0250A10

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 IBKL0250A10 across all three.

How to use IFSC IBKL0250A10 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI 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 IBKL0250A10.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI.
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 ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0250A10 while initiating the transfer and the credit will appear within minutes.

IMPS to IDBI Bank ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI (IFSC IBKL0250A10)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0250A10 in your mobile or internet banking app, and the money is credited to the ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Annasaheb Magar Sahakari Bank Ltd Bhosari

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 IBKL0250A10:

• 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 ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI is still linked to IFSC IBKL0250A10.

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 ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch, the IFSC IBKL0250A10 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 IBKL0250A10

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI 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 IBKL0250A10 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 IBKL0250A10 and the account number together uniquely identify the Annasaheb Magar Sahakari Bank Ltd Bhosari branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC IBKL0250A10

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 – ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI, 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: IBKL0250A10.
• 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 Annasaheb Magar Sahakari Bank Ltd Bhosari branch sits at SURVEY NO 95 3B 2B 1A 2A 2 1 MANJARI BUDRUK,TAL HAVELI,DIST PUNE,PIN 412307. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-27124480 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 IBKL0250A10 and your account number.

Verifying IFSC IBKL0250A10 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 IBKL0250A10 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-27124480.
• 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 Annasaheb Magar Sahakari Bank Ltd Bhosari branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0250A10, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0250A10 belongs to IDBI Bank's ANNASAHEB MAGAR SAHAKARI BANK LTD BHOSARI branch, located at SURVEY NO 95 3B 2B 1A 2A 2 1 MANJARI BUDRUK,TAL HAVELI,DIST PUNE,PIN 412307 in PUNE, 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.