IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – BALASORE, BALASORE

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

IFSC Code
IBKL0000328

Bank Details

Bank NameIDBI BANK
Branch NameBALASORE
IFSC CodeIBKL0000328
MICR Code756259002
AddressF.M. CIRCLE, NEAR HOTEL BANJARA, BALASORE,BALASORE,ORISSA,756001
CityBALASORE
DistrictBALESHWAR
StateODISHA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000328

The IFSC code IBKL0000328 uniquely identifies the BALASORE branch of IDBI BANK located in BALASORE, ODISHA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0000328

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000328) – Unique branch identifier for BALASORE

How to Use IFSC Code IBKL0000328

To transfer money to any account at IDBI BANK BALASORE branch, you will need to provide the IFSC code IBKL0000328 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at BALASORE

  • 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 BALASORE Branch

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

Branch Address

F.M. CIRCLE, NEAR HOTEL BANJARA, BALASORE,BALASORE,ORISSA,756001, BALASORE, ODISHA

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 756259002. 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 BALASORE?

The IFSC code of IDBI BANK BALASORE branch in BALASORE is IBKL0000328.

What is the MICR code of IDBI BANK BALASORE?

The MICR code of IDBI BANK BALASORE branch is 756259002.

What is the address of IDBI BANK BALASORE?

IDBI BANK BALASORE branch is located at F.M. CIRCLE, NEAR HOTEL BANJARA, BALASORE,BALASORE,ORISSA,756001.

Does IDBI BANK BALASORE support NEFT/RTGS/IMPS?

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