IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – BALODA BRANCH, BALODA BAZAR

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

IFSC Code
IBKL0001214

Bank Details

Bank NameIDBI BANK
Branch NameBALODA BRANCH
IFSC CodeIBKL0001214
MICR Code493259151
AddressNEAR SDM OFFICE , BESIDE PNB,MAIN ROAD,BALODA BAZAAR.PIN-493332(CG)
CityBALODA BAZAR
DistrictRAIPUR
StateCHANDIGARH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0001214

The IFSC code IBKL0001214 uniquely identifies the BALODA BRANCH branch of IDBI BANK located in BALODA BAZAR, CHANDIGARH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0001214

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001214) – Unique branch identifier for BALODA BRANCH

How to Use IFSC Code IBKL0001214

To transfer money to any account at IDBI BANK BALODA BRANCH branch, you will need to provide the IFSC code IBKL0001214 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at BALODA BRANCH

  • 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 BALODA BRANCH Branch

IDBI BANK BALODA BRANCH is a branch of IDBI BANK located in BALODA BAZAR, CHANDIGARH. The branch provides comprehensive banking services to customers in BALODA BAZAR and surrounding areas.

Branch Address

NEAR SDM OFFICE , BESIDE PNB,MAIN ROAD,BALODA BAZAAR.PIN-493332(CG), BALODA BAZAR, CHANDIGARH

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 493259151. 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 BALODA BRANCH?

The IFSC code of IDBI BANK BALODA BRANCH branch in BALODA BAZAR is IBKL0001214.

What is the MICR code of IDBI BANK BALODA BRANCH?

The MICR code of IDBI BANK BALODA BRANCH branch is 493259151.

What is the address of IDBI BANK BALODA BRANCH?

IDBI BANK BALODA BRANCH branch is located at NEAR SDM OFFICE , BESIDE PNB,MAIN ROAD,BALODA BAZAAR.PIN-493332(CG).

Does IDBI BANK BALODA BRANCH support NEFT/RTGS/IMPS?

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