IDBI BANK IFSC Code – MERWADA, PALANPUR
Complete bank details including IFSC code, MICR code, address and payment facilities for MERWADA branch.
Bank Details
| Bank Name | IDBI BANK |
| Branch Name | MERWADA |
| IFSC Code | IBKL0001955 |
| MICR Code | WAITING |
| Address | FIRST FLOOR THE MERWADA DUDH UDPADAK SAHAKARI MANDALI LTD P.O MERWADA TAL.PALANPUR 385001 |
| City | PALANPUR |
| District | BANAS KANTHA |
| State | GUJARAT |
| Contact | 250194 |
Payment Facilities
About IFSC Code IBKL0001955
The IFSC code IBKL0001955 uniquely identifies the MERWADA branch of IDBI BANK located in PALANPUR, GUJARAT. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IBKL0001955
- First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (001955) – Unique branch identifier for MERWADA
How to Use IFSC Code IBKL0001955
To transfer money to any account at IDBI BANK MERWADA branch, you will need to provide the IFSC code IBKL0001955 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MERWADA
- 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 MERWADA Branch
IDBI BANK MERWADA is a branch of IDBI BANK located in PALANPUR, GUJARAT. The branch provides comprehensive banking services to customers in PALANPUR and surrounding areas.
Branch Address
FIRST FLOOR THE MERWADA DUDH UDPADAK SAHAKARI MANDALI LTD P.O MERWADA TAL.PALANPUR 385001, PALANPUR, GUJARAT
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 WAITING. 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 MERWADA?
The IFSC code of IDBI BANK MERWADA branch in PALANPUR is IBKL0001955.
What is the MICR code of IDBI BANK MERWADA?
The MICR code of IDBI BANK MERWADA branch is WAITING.
What is the address of IDBI BANK MERWADA?
IDBI BANK MERWADA branch is located at FIRST FLOOR THE MERWADA DUDH UDPADAK SAHAKARI MANDALI LTD P.O MERWADA TAL.PALANPUR 385001.
Does IDBI BANK MERWADA support NEFT/RTGS/IMPS?
IDBI BANK MERWADA branch supports NEFT, RTGS, IMPS, and UPI transactions.