IDBI Newada Branch IFSC Code: IBKL0002318
Branch Code: 002318 | VARANASI, VARANASI, UTTAR PRADESH
The official Indian Financial System Code (IFSC) for IDBI, Newada branch in VARANASI, UTTAR PRADESH is IBKL0002318. The MICR code for cheque clearance is 221259006.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- NEWADA
- MICR Code
- City / District
- VARANASI (VARANASI)
- State
- UTTAR PRADESH
- Postal Pincode
- N/A
N-8/180-F-R-7M,NEWADA,SUNDERPUR
How to Read IFSC Code: IBKL0002318
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 (IBKL0002318)
Which bank does IFSC Code IBKL0002318 belong to?
IFSC Code IBKL0002318 belongs to IDBI for its NEWADA branch, located in VARANASI, UTTAR PRADESH. The 4-letter prefix 'IBKL' represents IDBI.
What is the IFSC Code for IDBI NEWADA branch?
The IFSC Code for IDBI NEWADA branch in VARANASI, UTTAR PRADESH is IBKL0002318. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI NEWADA branch?
The branch is located at: N-8/180-F-R-7M,NEWADA,SUNDERPUR, VARANASI, UTTAR PRADESH.
What is the MICR Code for IDBI NEWADA?
The MICR Code for electronic cheque clearing at IDBI NEWADA is 221259006.
How to decipher the IFSC code IBKL0002318?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '002318' represent the specific NEWADA branch code.
Parent Directory Links
Other IDBI Branches in VARANASI
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GROUND FLOOR, ARIHANT COMPLEX,NAGAR NIGAM ROAD, SIGRA, VARANASI
IDBI BANK, VARANASI-MAIN BRANCH, D-38/115-117, BANSPHATAK, CHOWK, VARANASI-221001, UTTAR PRADESH
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