IDBI IFSC Code
SALEM Branch, SALEM, SALEM, Tamil Nadu
The official Indian Financial System Code (IFSC) for IDBI, SALEM branch in SALEM, Tamil Nadu is IBKL0008050.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- SALEM
- MICR Code
- Not Assigned / Non-MICR
- City / District
- SALEM (SALEM)
- State
- Tamil Nadu
- Postal Pincode
- N/A
K.T.TOWERS,GROUND FLOOR,NO.111,OMALLUR MAIN ROAD,FOUR ROAD,SALEM
How to Read IFSC Code: IBKL0008050
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 (IBKL0008050)
What is the IFSC Code for IDBI SALEM branch?
The IFSC Code for IDBI SALEM branch in SALEM, Tamil Nadu is IBKL0008050. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI SALEM branch?
The branch is located at: K.T.TOWERS,GROUND FLOOR,NO.111,OMALLUR MAIN ROAD,FOUR ROAD,SALEM, SALEM, Tamil Nadu.
How to decipher the IFSC code IBKL0008050?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '008050' represent the specific SALEM branch code.
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