IDBI Sultan Bazaar Branch IFSC Code: IBKL0000594
Branch Code: 000594 | HYDERABAD, HYDERABAD, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for IDBI, Sultan Bazaar branch in HYDERABAD, ANDHRA PRADESH is IBKL0000594. The MICR code for cheque clearance is 500259005.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- SULTAN BAZAAR
- MICR Code
- City / District
- HYDERABAD (HYDERABAD)
- State
- ANDHRA PRADESH
- Postal Pincode
- 500001
428/437, BALAJI MARKET, SULTAN BAZAR, HYDERABAD, PINCODE - 500001, Pincode: 500001
How to Read IFSC Code: IBKL0000594
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 (IBKL0000594)
Which bank does IFSC Code IBKL0000594 belong to?
IFSC Code IBKL0000594 belongs to IDBI for its SULTAN BAZAAR branch, located in HYDERABAD, ANDHRA PRADESH. The 4-letter prefix 'IBKL' represents IDBI.
What is the IFSC Code for IDBI SULTAN BAZAAR branch?
The IFSC Code for IDBI SULTAN BAZAAR branch in HYDERABAD, ANDHRA PRADESH is IBKL0000594. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI SULTAN BAZAAR branch?
The branch is located at: 428/437, BALAJI MARKET, SULTAN BAZAR, HYDERABAD, PINCODE - 500001, Pincode: 500001, HYDERABAD, ANDHRA PRADESH.
What is the MICR Code for IDBI SULTAN BAZAAR?
The MICR Code for electronic cheque clearing at IDBI SULTAN BAZAAR is 500259005.
How can I contact IDBI SULTAN BAZAAR branch?
You can contact the branch at: Phone: +917999422371. For official national customer care, refer to IDBI's official banking channels.
How to decipher the IFSC code IBKL0000594?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '000594' represent the specific SULTAN BAZAAR branch code.
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