IDBI BANK IFSC Code – KAROL BAUG, DELHI
Complete bank details including IFSC code, MICR code, address and payment facilities for KAROL BAUG branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | KAROL BAUG |
| IFSC Code | IBKL0000550 |
| MICR Code | 110259026 |
| Address | 2046, BANK STREET, GURUDWARA ROAD,, KAROLBAGH,, NEW DELHI, PINCODE - 110005 |
| City | DELHI |
| District | NEW DELHI |
| State | DELHI |
| Contact | 0 |
Payment Facilities
About IFSC Code IBKL0000550
The IFSC code IBKL0000550 uniquely identifies the KAROL BAUG 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 IBKL0000550
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000550) – Unique branch identifier for KAROL BAUG
How to Use IFSC Code IBKL0000550
To transfer money to any account at IDBI BANK KAROL BAUG branch, you will need to provide the IFSC code IBKL0000550 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at KAROL BAUG
- 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 KAROL BAUG Branch
IDBI BANK KAROL BAUG 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
2046, BANK STREET, GURUDWARA ROAD,, KAROLBAGH,, NEW DELHI, PINCODE - 110005, 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 110259026. 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 KAROL BAUG?
The IFSC code of IDBI BANK KAROL BAUG branch in DELHI is IBKL0000550.
What is the MICR code of IDBI BANK KAROL BAUG?
The MICR code of IDBI BANK KAROL BAUG branch is 110259026.
What is the address of IDBI BANK KAROL BAUG?
IDBI BANK KAROL BAUG branch is located at 2046, BANK STREET, GURUDWARA ROAD,, KAROLBAGH,, NEW DELHI, PINCODE - 110005.
Does IDBI BANK KAROL BAUG support NEFT/RTGS/IMPS?
IDBI BANK KAROL BAUG branch supports NEFT, RTGS, IMPS, and UPI transactions.