IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – PAREL (LALBAUG), MUMBAI

Complete bank details including IFSC code, MICR code, address and payment facilities for PAREL (LALBAUG) branch.

IFSC Code
IBKL0000726

Bank Details

Bank NameIDBI BANK
Branch NamePAREL (LALBAUG)
IFSC CodeIBKL0000726
MICR Code400259082
AddressSHOP NO.1, CENTRE POINT, DR. BABASAHEB, AMBEDKAR ROAD, OPP. BHARATMATA CINEME, PAREL (LALBAUG), MUMBAI 400012
CityMUMBAI
DistrictGREATER MUMBAI
StateMAHARASHTRA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0000726

The IFSC code IBKL0000726 uniquely identifies the PAREL (LALBAUG) 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 IBKL0000726

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000726) – Unique branch identifier for PAREL (LALBAUG)

How to Use IFSC Code IBKL0000726

To transfer money to any account at IDBI BANK PAREL (LALBAUG) branch, you will need to provide the IFSC code IBKL0000726 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PAREL (LALBAUG)

  • 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 PAREL (LALBAUG) Branch

IDBI BANK PAREL (LALBAUG) 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

SHOP NO.1, CENTRE POINT, DR. BABASAHEB, AMBEDKAR ROAD, OPP. BHARATMATA CINEME, PAREL (LALBAUG), MUMBAI 400012, 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 400259082. 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 PAREL (LALBAUG)?

The IFSC code of IDBI BANK PAREL (LALBAUG) branch in MUMBAI is IBKL0000726.

What is the MICR code of IDBI BANK PAREL (LALBAUG)?

The MICR code of IDBI BANK PAREL (LALBAUG) branch is 400259082.

What is the address of IDBI BANK PAREL (LALBAUG)?

IDBI BANK PAREL (LALBAUG) branch is located at SHOP NO.1, CENTRE POINT, DR. BABASAHEB, AMBEDKAR ROAD, OPP. BHARATMATA CINEME, PAREL (LALBAUG), MUMBAI 400012.

Does IDBI BANK PAREL (LALBAUG) support NEFT/RTGS/IMPS?

IDBI BANK PAREL (LALBAUG) branch supports NEFT, RTGS, IMPS, and UPI transactions.