IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – VISAKHAPATNAM, VISAKHAPATNAM

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

IFSC Code
IBKL0000031

Bank Details

Bank NameIDBI BANK
Branch NameVISAKHAPATNAM
IFSC CodeIBKL0000031
MICR Code530259002
AddressBALAJI'S MANGALGIRI CHAMBERS9/29/6-1 SIRIPURAM
CityVISAKHAPATNAM
DistrictVISHAKAPATNAM
StateANDHRA PRADESH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000031

The IFSC code IBKL0000031 uniquely identifies the VISAKHAPATNAM branch of IDBI BANK located in VISAKHAPATNAM, 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 IBKL0000031

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000031) – Unique branch identifier for VISAKHAPATNAM

How to Use IFSC Code IBKL0000031

To transfer money to any account at IDBI BANK VISAKHAPATNAM branch, you will need to provide the IFSC code IBKL0000031 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at VISAKHAPATNAM

  • 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 VISAKHAPATNAM Branch

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

Branch Address

BALAJI'S MANGALGIRI CHAMBERS9/29/6-1 SIRIPURAM, VISAKHAPATNAM, 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 530259002. 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 VISAKHAPATNAM?

The IFSC code of IDBI BANK VISAKHAPATNAM branch in VISAKHAPATNAM is IBKL0000031.

What is the MICR code of IDBI BANK VISAKHAPATNAM?

The MICR code of IDBI BANK VISAKHAPATNAM branch is 530259002.

What is the address of IDBI BANK VISAKHAPATNAM?

IDBI BANK VISAKHAPATNAM branch is located at BALAJI'S MANGALGIRI CHAMBERS9/29/6-1 SIRIPURAM.

Does IDBI BANK VISAKHAPATNAM support NEFT/RTGS/IMPS?

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