IDBI BANK IFSC Code – SARRAKI LAKE, BANGALORE
Complete bank details including IFSC code, MICR code, address and payment facilities for SARRAKI LAKE branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | SARRAKI LAKE |
| IFSC Code | IBKL0000024 |
| MICR Code | 560259003 |
| Address | 26/1 SOWBHAGYA COMPLEX,24TH MAIN5TH PHASE,J.P.NAGAR,SARAKKI LAKE |
| City | BANGALORE |
| District | BANGALORE URBAN |
| State | KARNATAKA |
| Contact | 0 |
Payment Facilities
About IFSC Code IBKL0000024
The IFSC code IBKL0000024 uniquely identifies the SARRAKI LAKE branch of IDBI BANK located in BANGALORE, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IBKL0000024
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000024) – Unique branch identifier for SARRAKI LAKE
How to Use IFSC Code IBKL0000024
To transfer money to any account at IDBI BANK SARRAKI LAKE branch, you will need to provide the IFSC code IBKL0000024 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SARRAKI LAKE
- 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 SARRAKI LAKE Branch
IDBI BANK SARRAKI LAKE is a branch of IDBI BANK located in BANGALORE, KARNATAKA. The branch provides comprehensive banking services to customers in BANGALORE and surrounding areas.
Branch Address
26/1 SOWBHAGYA COMPLEX,24TH MAIN5TH PHASE,J.P.NAGAR,SARAKKI LAKE, BANGALORE, KARNATAKA
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 560259003. 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 SARRAKI LAKE?
The IFSC code of IDBI BANK SARRAKI LAKE branch in BANGALORE is IBKL0000024.
What is the MICR code of IDBI BANK SARRAKI LAKE?
The MICR code of IDBI BANK SARRAKI LAKE branch is 560259003.
What is the address of IDBI BANK SARRAKI LAKE?
IDBI BANK SARRAKI LAKE branch is located at 26/1 SOWBHAGYA COMPLEX,24TH MAIN5TH PHASE,J.P.NAGAR,SARAKKI LAKE.
Does IDBI BANK SARRAKI LAKE support NEFT/RTGS/IMPS?
IDBI BANK SARRAKI LAKE branch supports NEFT, RTGS, IMPS, and UPI transactions.