IDBI BANK IFSC Code – KHANDWA, KHANDWA
Complete bank details including IFSC code, MICR code, address and payment facilities for KHANDWA branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | KHANDWA |
| IFSC Code | IBKL0000547 |
| MICR Code | WAITING |
| Address | CHHABADA MARKET BOMBAY BAZAR, P B NO. 36,, KHANDWA, PINCODE - 450001 |
| City | KHANDWA |
| State | MADHYA PRADESH |
| Contact | 0 |
Payment Facilities
About IFSC Code IBKL0000547
The IFSC code IBKL0000547 uniquely identifies the KHANDWA branch of IDBI BANK located in KHANDWA, MADHYA 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 IBKL0000547
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000547) – Unique branch identifier for KHANDWA
How to Use IFSC Code IBKL0000547
To transfer money to any account at IDBI BANK KHANDWA branch, you will need to provide the IFSC code IBKL0000547 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at KHANDWA
- 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 KHANDWA Branch
IDBI BANK KHANDWA is a branch of IDBI BANK located in KHANDWA, MADHYA PRADESH. The branch provides comprehensive banking services to customers in KHANDWA and surrounding areas.
Branch Address
CHHABADA MARKET BOMBAY BAZAR, P B NO. 36,, KHANDWA, PINCODE - 450001, KHANDWA, MADHYA 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 WAITING. 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 KHANDWA?
The IFSC code of IDBI BANK KHANDWA branch in KHANDWA is IBKL0000547.
What is the MICR code of IDBI BANK KHANDWA?
The MICR code of IDBI BANK KHANDWA branch is WAITING.
What is the address of IDBI BANK KHANDWA?
IDBI BANK KHANDWA branch is located at CHHABADA MARKET BOMBAY BAZAR, P B NO. 36,, KHANDWA, PINCODE - 450001.
Does IDBI BANK KHANDWA support NEFT/RTGS/IMPS?
IDBI BANK KHANDWA branch supports NEFT, RTGS, IMPS, and UPI transactions.