IDBI IDBI BANK, SAKET NAGAR IFSC Code
IDBI IDBI BANK, SAKET NAGAR IFSC Code (IBKL0002242), MICR, address and contact information.
IDBI IDBI BANK, SAKET NAGAR IFSC Code: IBKL0002242
The verified IFSC Code for IDBI, IDBI BANK, SAKET NAGAR branch in INDORE, MADHYA PRADESH is IBKL0002242. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) to uniquely identify this branch across all digital fund transfer networks in India, including NEFT, RTGS, and IMPS.
The branch is situated at RCM HOUSE,E-41,SAKET NAGAR,INDORE,MADHYA PRADESH, INDORE, MADHYA PRADESH. Paper cheque clearing operations for this branch are routed through MICR Code 452259015.
| Bank Name | IDBI |
|---|---|
| IFSC Code | IBKL0002242 |
| MICR Code | 452259015 |
| Branch Name | IDBI BANK, SAKET NAGAR |
| Address | RCM HOUSE,E-41,SAKET NAGAR,INDORE,MADHYA PRADESH |
| Contact Number | +917316679104 |
| City / District | INDORE / INDORE |
| State | MADHYA PRADESH |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Transfer Money Using IFSC Code IBKL0002242
Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to IDBI IDBI BANK, SAKET NAGAR:
- Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
- Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
- Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code
IBKL0002242. - Verify Branch: Confirm that the portal automatically displays IDBI - IDBI BANK, SAKET NAGAR (City: INDORE).
- Select Transfer Type: Choose IMPS for immediate 24x7 credit (up to ₹5 Lakh), NEFT for general transactions, or RTGS for large transactions over ₹2 Lakh.
- Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
Who Uses IDBI IDBI BANK, SAKET NAGAR IFSC Code?
Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.
Why Use Our IDBI IDBI BANK, SAKET NAGAR IFSC Code?
Accurate RBI database
Search by state and city
Includes MICR codes
Fast and reliable
Frequently Asked Questions
What is the IFSC code for IDBI IDBI BANK, SAKET NAGAR?
The IFSC code for IDBI IDBI BANK, SAKET NAGAR is IBKL0002242. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for IDBI IDBI BANK, SAKET NAGAR?
The MICR code is 452259015. It is used by the clearing house to process physical cheques faster.
Where is IDBI IDBI BANK, SAKET NAGAR located?
The branch is located at RCM HOUSE,E-41,SAKET NAGAR,INDORE,MADHYA PRADESH, INDORE, MADHYA PRADESH.
What is the contact number for IDBI IDBI BANK, SAKET NAGAR?
The contact number for this branch is +917316679104. If it shows 'Not Available', you can try contacting the IDBI customer care toll-free number.
Can I transfer funds to IDBI IDBI BANK, SAKET NAGAR using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code IBKL0002242 along with the correct account number.