IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – PEENYA, PEENYA

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

IFSC Code
IBKL0001724

Bank Details

Bank NameIDBI BANK
Branch NamePEENYA
IFSC CodeIBKL0001724
MICR Code560259031
AddressSIR M V COMPLEX,PLOT NO.25B&C,4TH CROSS,3RD MAIN,2ND PHASE,PEENYA,BANGALORE -560058
CityPEENYA
DistrictBANGALORE URBAN
StateKARNATAKA
Contact9980785695

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0001724

The IFSC code IBKL0001724 uniquely identifies the PEENYA branch of IDBI BANK located in PEENYA, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IBKL0001724

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001724) – Unique branch identifier for PEENYA

How to Use IFSC Code IBKL0001724

To transfer money to any account at IDBI BANK PEENYA branch, you will need to provide the IFSC code IBKL0001724 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PEENYA

  • 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 PEENYA Branch

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

Branch Address

SIR M V COMPLEX,PLOT NO.25B&C,4TH CROSS,3RD MAIN,2ND PHASE,PEENYA,BANGALORE -560058, PEENYA, KARNATAKA

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 560259031. 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 PEENYA?

The IFSC code of IDBI BANK PEENYA branch in PEENYA is IBKL0001724.

What is the MICR code of IDBI BANK PEENYA?

The MICR code of IDBI BANK PEENYA branch is 560259031.

What is the address of IDBI BANK PEENYA?

IDBI BANK PEENYA branch is located at SIR M V COMPLEX,PLOT NO.25B&C,4TH CROSS,3RD MAIN,2ND PHASE,PEENYA,BANGALORE -560058.

Does IDBI BANK PEENYA support NEFT/RTGS/IMPS?

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