IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – AGAR, AGAR MALWA

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

IFSC Code
IBKL0001816

Bank Details

Bank NameIDBI BANK
Branch NameAGAR
IFSC CodeIBKL0001816
MICR Code456259501
AddressBAGDI S HOUSE,SURVEY NO 331,NEAR RAMDEV MOTOR SHOWROOM,CHHAWANI NAKA,UJJAIN-KOTA ROAD,AGAR,DISTT-AGAR,PIN-456441
CityAGAR MALWA
DistrictSHAJAPUR
StateMADHYA PRADESH
Contact260186

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0001816

The IFSC code IBKL0001816 uniquely identifies the AGAR branch of IDBI BANK located in AGAR MALWA, 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 IBKL0001816

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001816) – Unique branch identifier for AGAR

How to Use IFSC Code IBKL0001816

To transfer money to any account at IDBI BANK AGAR branch, you will need to provide the IFSC code IBKL0001816 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at AGAR

  • 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 AGAR Branch

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

Branch Address

BAGDI S HOUSE,SURVEY NO 331,NEAR RAMDEV MOTOR SHOWROOM,CHHAWANI NAKA,UJJAIN-KOTA ROAD,AGAR,DISTT-AGAR,PIN-456441, AGAR MALWA, 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 456259501. 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 AGAR?

The IFSC code of IDBI BANK AGAR branch in AGAR MALWA is IBKL0001816.

What is the MICR code of IDBI BANK AGAR?

The MICR code of IDBI BANK AGAR branch is 456259501.

What is the address of IDBI BANK AGAR?

IDBI BANK AGAR branch is located at BAGDI S HOUSE,SURVEY NO 331,NEAR RAMDEV MOTOR SHOWROOM,CHHAWANI NAKA,UJJAIN-KOTA ROAD,AGAR,DISTT-AGAR,PIN-456441.

Does IDBI BANK AGAR support NEFT/RTGS/IMPS?

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