IDBI IFSC Code
BANASWADI Branch, BANGALORE, BANGALORE, Karnataka
The official Indian Financial System Code (IFSC) for IDBI, BANASWADI branch in BANGALORE, Karnataka is IBKL0001620. The MICR code for cheque clearance is 560259029.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- BANASWADI
- MICR Code
- City / District
- BANGALORE (BANGALORE)
- State
- Karnataka
- Postal Pincode
- N/A
NO 14 , 7TH MAIN, 80 FEET ROAD, S B PALYA EXTN , BANASWADI
How to Read IFSC Code: IBKL0001620
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 (IBKL0001620)
What is the IFSC Code for IDBI BANASWADI branch?
The IFSC Code for IDBI BANASWADI branch in BANGALORE, Karnataka is IBKL0001620. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI BANASWADI branch?
The branch is located at: NO 14 , 7TH MAIN, 80 FEET ROAD, S B PALYA EXTN , BANASWADI, BANGALORE, Karnataka.
What is the MICR Code for IDBI BANASWADI?
The MICR Code for electronic cheque clearing at IDBI BANASWADI is 560259029.
How can I contact IDBI BANASWADI branch?
You can contact the branch at: Phone: +919686482147. For official national customer care, refer to IDBI's official banking channels.
How to decipher the IFSC code IBKL0001620?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '001620' represent the specific BANASWADI branch code.
Parent Directory Links
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