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IDBI BASODA IFSC Code

IDBI BASODA IFSC Code (IBKL0001872), MICR, address and contact information.

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IDBI BASODA IFSC Code: IBKL0001872

The verified IFSC Code for IDBI, BASODA branch in VIDISHA, MADHYA PRADESH is IBKL0001872. 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 ADN5MAINBAETTAD, VIDISHA, MADHYA PRADESH. Paper cheque clearing operations for this branch are routed through MICR Code 464259051.

Bank Name IDBI
IFSC Code IBKL0001872
MICR Code 464259051
Branch Name BASODA
Address ADN5MAINBAETTAD
Contact Number +917773035553
City / District VIDISHA / BASODA
State MADHYA PRADESH

IFSC Code Format Breakdown

IBKL Bank Code (First 4 chars)
0 Zero (5th char)
001872 Branch Code (Last 6 chars)

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 IBKL0001872

Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to IDBI BASODA:

  1. Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
  2. Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
  3. Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code IBKL0001872.
  4. Verify Branch: Confirm that the portal automatically displays IDBI - BASODA (City: VIDISHA).
  5. 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.
  6. Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
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Who Uses IDBI BASODA IFSC Code?

Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.

Why Use Our IDBI BASODA IFSC Code?

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Frequently Asked Questions

What is the IFSC code for IDBI BASODA?

The IFSC code for IDBI BASODA is IBKL0001872. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.

What is the MICR code for IDBI BASODA?

The MICR code is 464259051. It is used by the clearing house to process physical cheques faster.

Where is IDBI BASODA located?

The branch is located at ADN5MAINBAETTAD, VIDISHA, MADHYA PRADESH.

What is the contact number for IDBI BASODA?

The contact number for this branch is +917773035553. If it shows 'Not Available', you can try contacting the IDBI customer care toll-free number.

Can I transfer funds to IDBI BASODA using NEFT or RTGS?

Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code IBKL0001872 along with the correct account number.