IDBI BANKVerified Feb 2026

IDBI BANK IFSC Code – THE GRAIN MERCHANTS CO-OPERATVE BANK LTD, BANGALORE

Complete bank details including IFSC code, MICR code, address and payment facilities for THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch.

IFSC Code
IBKL0551GMC

Bank Details

Bank NameIDBI BANK
Branch NameTHE GRAIN MERCHANTS CO-OPERATVE BANK LTD
IFSC CodeIBKL0551GMC
MICR CodeNA
AddressN0.2 PAMPAMAHAKAVI ROAD, CHAMARAJPET, NEAR MINTO EYE HOSPITAL CIRCLE BANGALORE 560018
CityBANGALORE
DistrictBANGALORE URBAN
StateKARNATAKA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IBKL0551GMC

The IFSC code IBKL0551GMC uniquely identifies the THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch of IDBI BANK located in BANGALORE, 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 IBKL0551GMC

  • First 4 characters (IBKL) – Represents IDBI BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (551GMC) – Unique branch identifier for THE GRAIN MERCHANTS CO-OPERATVE BANK LTD

How to Use IFSC Code IBKL0551GMC

To transfer money to any account at IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch, you will need to provide the IFSC code IBKL0551GMC along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at THE GRAIN MERCHANTS CO-OPERATVE BANK LTD

  • 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 THE GRAIN MERCHANTS CO-OPERATVE BANK LTD Branch

IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD is a branch of IDBI BANK located in BANGALORE, KARNATAKA. The branch provides comprehensive banking services to customers in BANGALORE and surrounding areas.

Branch Address

N0.2 PAMPAMAHAKAVI ROAD, CHAMARAJPET, NEAR MINTO EYE HOSPITAL CIRCLE BANGALORE 560018, BANGALORE, 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).

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 THE GRAIN MERCHANTS CO-OPERATVE BANK LTD?

The IFSC code of IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch in BANGALORE is IBKL0551GMC.

What is the MICR code of IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD?

The MICR code of IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch is NA.

What is the address of IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD?

IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch is located at N0.2 PAMPAMAHAKAVI ROAD, CHAMARAJPET, NEAR MINTO EYE HOSPITAL CIRCLE BANGALORE 560018.

Does IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD support NEFT/RTGS/IMPS?

IDBI BANK THE GRAIN MERCHANTS CO-OPERATVE BANK LTD branch supports NEFT, RTGS, IMPS, and UPI transactions.