This page lists the IFSC code, branch address, contact number and fund-transfer information for IDBI Bank, SANCOALE branch in SOUTH GOA. The 11-digit IFSC IBKL0002236 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 SANCOALE 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, IBKL0002236 is the IFSC of IDBI Bank's SANCOALE branch. The format is fixed: IBKL = bank code, 0 = reserved, 002236 = branch identifier.
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sancoale branch — IFSC IBKL0002236 — extends the bank's services to customers in and around South Goa, Goa.
About this branch
The branch is located at MELISSA COMPLEX SHOP NO 5 AND 6 BLOCK B SANCOALE SOUTH GOA 403710. It serves the South Goa 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 IBKL0002236 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Sancoale |
| IFSC Code | IBKL0002236 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MELISSA COMPLEX SHOP NO 5 AND 6 BLOCK B SANCOALE SOUTH GOA 403710 |
| City | South Goa |
| District | South Goa |
| State | Goa |
| STD Code | 91 |
| Phone | 8700949636 |
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 SANCOALE branch came to be assigned the code IBKL0002236.
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 IBKL0002236, money simply cannot be routed to the SANCOALE branch electronically.
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 IBKL0002236 and the account number together uniquely identify the Sancoale branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IBKL0002236
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 IBKL0002236 across all three.
How to use IFSC IBKL0002236 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's SANCOALE 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IBKL0002236.
- Confirm the bank name auto-populates as IDBI Bank and the branch as SANCOALE.
- 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 SANCOALE
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's SANCOALE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0002236 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank SANCOALE (IFSC IBKL0002236)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0002236 in your mobile or internet banking app, and the money is credited to the SANCOALE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0002236 for IDBI Bank – SANCOALE, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IBKL0002236 | Yes – IBKL0002236 | Yes – IBKL0002236 |
For most retail customers crediting the Sancoale 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 IBKL0002236
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 – SANCOALE is still mapped to IFSC IBKL0002236. 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 IBKL0002236 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Sancoale branch is mapped to IFSC IBKL0002236 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 IBKL0002236.
Banking services available
The Sancoale branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8700949636.
- 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 IBKL0002236
Online banking and IFSC IBKL0002236
IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the SANCOALE 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 IBKL0002236 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.
Reaching the branch
The Sancoale branch sits at MELISSA COMPLEX SHOP NO 5 AND 6 BLOCK B SANCOALE SOUTH GOA 403710. If you are travelling from outside South Goa, search for the branch on a maps application using the bank name and locality, or call 91-8700949636 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 IBKL0002236 and your account number.
Common mistakes to avoid when using IFSC IBKL0002236
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 – SANCOALE, 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:
IBKL0002236. - 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.
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 Sancoale branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0002236, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IBKL0002236 for IDBI Bank – SANCOALE, 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
IDBI BankSancoale Branch
MELISSA COMPLEX SHOP NO 5 AND 6 BLOCK B SANCOALE SOUTH GOA 403710
South Goa, Goa
Phone: 91-8700949636
IFSC: IBKL0002236
Frequently asked questions
Is IFSC IBKL0002236 the same for all accounts at Sancoale branch?
Yes. The IFSC IBKL0002236 is shared by every account held at IDBI Bank's Sancoale branch. Only the account number changes from customer to customer.
What is the phone number of IDBI Bank Sancoale branch?
You can reach the branch at 91-8700949636 during regular banking hours.
What is the IFSC code of IDBI Bank Sancoale branch?
The IFSC code of IDBI Bank, Sancoale branch is IBKL0002236. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IBKL0002236 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Sancoale reflect within 30 minutes.
Is IFSC IBKL0002236 valid for NEFT and RTGS?
Yes. IFSC IBKL0002236 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Sancoale branch but serve different purposes.
Does IDBI Bank Sancoale branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8700949636 to confirm.
Can I use IFSC IBKL0002236 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0002236 to send funds instantly.
Summary
The IFSC code IBKL0002236 belongs to IDBI Bank's SANCOALE branch, located at MELISSA COMPLEX SHOP NO 5 AND 6 BLOCK B SANCOALE SOUTH GOA 403710 in SOUTH GOA, GOA. 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.
