IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – BORIVALI, MUMBAI

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

IFSC Code
IBKL0000059

Bank Details

Bank NameIDBI BANK
Branch NameBORIVALI
IFSC CodeIBKL0000059
MICR Code400259011
AddressKAUSTUBH PARK, NEXT TO BHAGWATI HOSPITAL,MANDAPESHWAR ROAD, BORIVALI (W)
CityMUMBAI
DistrictGREATER MUMBAI
StateMAHARASHTRA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000059

The IFSC code IBKL0000059 uniquely identifies the BORIVALI branch of IDBI BANK located in MUMBAI, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0000059

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000059) – Unique branch identifier for BORIVALI

How to Use IFSC Code IBKL0000059

To transfer money to any account at IDBI BANK BORIVALI branch, you will need to provide the IFSC code IBKL0000059 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at BORIVALI

  • 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 BORIVALI Branch

IDBI BANK BORIVALI is a branch of IDBI BANK located in MUMBAI, MAHARASHTRA. The branch provides comprehensive banking services to customers in MUMBAI and surrounding areas.

Branch Address

KAUSTUBH PARK, NEXT TO BHAGWATI HOSPITAL,MANDAPESHWAR ROAD, BORIVALI (W), MUMBAI, MAHARASHTRA

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 400259011. 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 BORIVALI?

The IFSC code of IDBI BANK BORIVALI branch in MUMBAI is IBKL0000059.

What is the MICR code of IDBI BANK BORIVALI?

The MICR code of IDBI BANK BORIVALI branch is 400259011.

What is the address of IDBI BANK BORIVALI?

IDBI BANK BORIVALI branch is located at KAUSTUBH PARK, NEXT TO BHAGWATI HOSPITAL,MANDAPESHWAR ROAD, BORIVALI (W).

Does IDBI BANK BORIVALI support NEFT/RTGS/IMPS?

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