IDBI Karol Baug Branch IFSC Code: IBKL0000550
Branch Code: 000550 | DELHI, DELHI, Delhi
The official Indian Financial System Code (IFSC) for IDBI, Karol Baug branch in DELHI, Delhi is IBKL0000550. The MICR code for cheque clearance is 110259026.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- KAROL BAUG
- MICR Code
- City / District
- DELHI (DELHI)
- State
- Delhi
- Postal Pincode
- 110005
2046, BANK STREET, GURUDWARA ROAD, KAROLBAGH, NEW DELHI, PINCODE - 110005, Pincode: 110005
How to Read IFSC Code: IBKL0000550
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify IDBI.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: IDBI (IBKL0000550)
Which bank does IFSC Code IBKL0000550 belong to?
IFSC Code IBKL0000550 belongs to IDBI for its KAROL BAUG branch, located in DELHI, Delhi. The 4-letter prefix 'IBKL' represents IDBI.
What is the IFSC Code for IDBI KAROL BAUG branch?
The IFSC Code for IDBI KAROL BAUG branch in DELHI, Delhi is IBKL0000550. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI KAROL BAUG branch?
The branch is located at: 2046, BANK STREET, GURUDWARA ROAD, KAROLBAGH, NEW DELHI, PINCODE - 110005, Pincode: 110005, DELHI, Delhi.
What is the MICR Code for IDBI KAROL BAUG?
The MICR Code for electronic cheque clearing at IDBI KAROL BAUG is 110259026.
How can I contact IDBI KAROL BAUG branch?
You can contact the branch at: Phone: +917017906014. For official national customer care, refer to IDBI's official banking channels.
How to decipher the IFSC code IBKL0000550?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '000550' represent the specific KAROL BAUG branch code.
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