IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – BASHEER BAGH, HYDERABAD

Complete bank details including IFSC code, MICR code, address and payment facilities for BASHEER BAGH branch.

IFSC Code
IBKL0000002

Bank Details

Bank NameIDBI BANK
Branch NameBASHEER BAGH
IFSC CodeIBKL0000002
MICR Code500259002
AddressMAHAVIR HOUSEBASHEERBAGH SQUARE
CityHYDERABAD
DistrictHYDERABAD URBAN
StateANDHRA PRADESH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000002

The IFSC code IBKL0000002 uniquely identifies the BASHEER BAGH branch of IDBI BANK located in HYDERABAD, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0000002

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000002) – Unique branch identifier for BASHEER BAGH

How to Use IFSC Code IBKL0000002

To transfer money to any account at IDBI BANK BASHEER BAGH branch, you will need to provide the IFSC code IBKL0000002 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at BASHEER BAGH

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About IDBI BANK BASHEER BAGH Branch

IDBI BANK BASHEER BAGH is a branch of IDBI BANK located in HYDERABAD, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in HYDERABAD and surrounding areas.

Branch Address

MAHAVIR HOUSEBASHEERBAGH SQUARE, HYDERABAD, ANDHRA PRADESH

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 500259002. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of IDBI BANK BASHEER BAGH?

The IFSC code of IDBI BANK BASHEER BAGH branch in HYDERABAD is IBKL0000002.

What is the MICR code of IDBI BANK BASHEER BAGH?

The MICR code of IDBI BANK BASHEER BAGH branch is 500259002.

What is the address of IDBI BANK BASHEER BAGH?

IDBI BANK BASHEER BAGH branch is located at MAHAVIR HOUSEBASHEERBAGH SQUARE.

Does IDBI BANK BASHEER BAGH support NEFT/RTGS/IMPS?

IDBI BANK BASHEER BAGH branch supports NEFT, RTGS, IMPS, and UPI transactions.