IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – VAVE, ALIBAG

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

IFSC Code
IBKL0001712

Bank Details

Bank NameIDBI BANK
Branch NameVAVE
IFSC CodeIBKL0001712
MICR Code402259509
AddressGROUND FLOOR,H NO 704,AT VAVE POST,MALYAN TALUKA,ALIBAG DISTRICT PIN 402 201
CityALIBAG
DistrictRAIGAD
StateMAHARASHTRA
Contact9029076633

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0001712

The IFSC code IBKL0001712 uniquely identifies the VAVE branch of IDBI BANK located in ALIBAG, 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 IBKL0001712

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001712) – Unique branch identifier for VAVE

How to Use IFSC Code IBKL0001712

To transfer money to any account at IDBI BANK VAVE branch, you will need to provide the IFSC code IBKL0001712 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at VAVE

  • 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 VAVE Branch

IDBI BANK VAVE is a branch of IDBI BANK located in ALIBAG, MAHARASHTRA. The branch provides comprehensive banking services to customers in ALIBAG and surrounding areas.

Branch Address

GROUND FLOOR,H NO 704,AT VAVE POST,MALYAN TALUKA,ALIBAG DISTRICT PIN 402 201, ALIBAG, 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 402259509. 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 VAVE?

The IFSC code of IDBI BANK VAVE branch in ALIBAG is IBKL0001712.

What is the MICR code of IDBI BANK VAVE?

The MICR code of IDBI BANK VAVE branch is 402259509.

What is the address of IDBI BANK VAVE?

IDBI BANK VAVE branch is located at GROUND FLOOR,H NO 704,AT VAVE POST,MALYAN TALUKA,ALIBAG DISTRICT PIN 402 201.

Does IDBI BANK VAVE support NEFT/RTGS/IMPS?

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