IDBI BANK IFSC Code – PALAM, DELHI
Complete bank details including IFSC code, MICR code, address and payment facilities for PALAM branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | PALAM |
| IFSC Code | IBKL0000169 |
| MICR Code | 110259016 |
| Address | A-1/20, VIJAY ENCLAVE, PALAM DABRI ROAD, PALAM:-110 045 |
| City | DELHI |
| District | NEW DELHI |
| State | DELHI |
| Contact | 0 |
Payment Facilities
About IFSC Code IBKL0000169
The IFSC code IBKL0000169 uniquely identifies the PALAM branch of IDBI BANK located in DELHI, DELHI. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IBKL0000169
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000169) – Unique branch identifier for PALAM
How to Use IFSC Code IBKL0000169
To transfer money to any account at IDBI BANK PALAM branch, you will need to provide the IFSC code IBKL0000169 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PALAM
- 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 PALAM Branch
IDBI BANK PALAM is a branch of IDBI BANK located in DELHI, DELHI. The branch provides comprehensive banking services to customers in DELHI and surrounding areas.
Branch Address
A-1/20, VIJAY ENCLAVE, PALAM DABRI ROAD, PALAM:-110 045, DELHI, DELHI
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 110259016. 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 PALAM?
The IFSC code of IDBI BANK PALAM branch in DELHI is IBKL0000169.
What is the MICR code of IDBI BANK PALAM?
The MICR code of IDBI BANK PALAM branch is 110259016.
What is the address of IDBI BANK PALAM?
IDBI BANK PALAM branch is located at A-1/20, VIJAY ENCLAVE, PALAM DABRI ROAD, PALAM:-110 045.
Does IDBI BANK PALAM support NEFT/RTGS/IMPS?
IDBI BANK PALAM branch supports NEFT, RTGS, IMPS, and UPI transactions.