IFSC Code of IDBI Bank, Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for IDBI Bank, ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch in SANGAMNER. The 11-digit IFSC IBKL0250A08 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with IDBI Bank at the ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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, IBKL0250A08 is the IFSC of IDBI Bank's ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch. The format is fixed: IBKL = bank code, 0 = reserved, 250A08 = branch identifier.

About IDBI Bank

IDBI Bank operates a wide network of branches across India, including the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch in Sangamner. 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, IBKL0250A08.

Branch details at a glance

About the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch

The Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch of IDBI Bank is situated at O143VEERAVARKARROADMOUJEAGAMER,AGAMER,AHMEDAGAR 422605. 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 IBKL0250A08 is used.

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 SAHKARI BANK MARYADIT SANGAMNER BRANCH branch came to be assigned the code IBKL0250A08.

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 IBKL0250A08, money simply cannot be routed to the ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch electronically.

Products and account variants supported

Every account opened at the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch is mapped to IFSC IBKL0250A08 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 IBKL0250A08.

Products and services

Customers walking into the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch 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 IBKL0250A08

How to transfer money using IFSC IBKL0250A08

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 IBKL0250A08 across all three.

How to use IFSC IBKL0250A08 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH 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 IBKL0250A08.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH.
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 IBKL0250A08

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 – ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH, ensure your bank's portal accepts IFSC IBKL0250A08 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDBI Bank ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH (IFSC IBKL0250A08)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0250A08 in your mobile or internet banking app, and the money is credited to the ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch account within seconds.

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

All three modes accept the IFSC IBKL0250A08 for IDBI Bank – ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH, 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 Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch 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 ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch, the IFSC IBKL0250A08 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 IBKL0250A08

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH 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 IBKL0250A08 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 & cheque-truncation details

Cheques drawn on the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0250A08 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 – ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH:

• The IFSC is exactly IBKL0250A08 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 ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH 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.

How to reach the Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch

The branch is located at O143VEERAVARKARROADMOUJEAGAMER,AGAMER,AHMEDAGAR 422605, which puts it inside Sangamner, the broader Ahmadnagar district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “IDBI Bank Annasaheb Magar Sahkari Bank Maryadit Sangamner Branch branch” — the verified location pin for IFSC IBKL0250A08 should appear at the top of the results.
2. Confirm the branch is open by calling 2425-222325 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IBKL0250A08 and your account number.

Verifying IFSC IBKL0250A08 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 IBKL0250A08 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2425-222325.
• 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 Sahkari Bank Maryadit Sangamner Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0250A08, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0250A08 belongs to IDBI Bank's ANNASAHEB MAGAR SAHKARI BANK MARYADIT SANGAMNER BRANCH branch, located at O143VEERAVARKARROADMOUJEAGAMER,AGAMER,AHMEDAGAR 422605 in SANGAMNER, 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.