IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – SHAJAPUR, SHAJAPUR

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

IFSC Code
IBKL0001562

Bank Details

Bank NameIDBI BANK
Branch NameSHAJAPUR
IFSC CodeIBKL0001562
MICR Code465259101
AddressIDBI BANK SHOP NO 1 CHOUDHARY TOWER A.B.ROAD IN FRONT OF WATER WORKS SHAJAPUR
CitySHAJAPUR
StateMADHYA PRADESH
Contact9827211003

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0001562

The IFSC code IBKL0001562 uniquely identifies the SHAJAPUR branch of IDBI BANK located in SHAJAPUR, 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 IBKL0001562

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001562) – Unique branch identifier for SHAJAPUR

How to Use IFSC Code IBKL0001562

To transfer money to any account at IDBI BANK SHAJAPUR branch, you will need to provide the IFSC code IBKL0001562 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SHAJAPUR

  • 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 SHAJAPUR Branch

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

Branch Address

IDBI BANK SHOP NO 1 CHOUDHARY TOWER A.B.ROAD IN FRONT OF WATER WORKS SHAJAPUR, SHAJAPUR, 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 465259101. 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 SHAJAPUR?

The IFSC code of IDBI BANK SHAJAPUR branch in SHAJAPUR is IBKL0001562.

What is the MICR code of IDBI BANK SHAJAPUR?

The MICR code of IDBI BANK SHAJAPUR branch is 465259101.

What is the address of IDBI BANK SHAJAPUR?

IDBI BANK SHAJAPUR branch is located at IDBI BANK SHOP NO 1 CHOUDHARY TOWER A.B.ROAD IN FRONT OF WATER WORKS SHAJAPUR.

Does IDBI BANK SHAJAPUR support NEFT/RTGS/IMPS?

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