What is the IFSC code of IDBI Banaswadi branch BANGALORE URBAN?

The IFSC code of IDBI Banaswadi branch in BANGALORE URBAN is IBKL0001620. MICR code is 560259029.

What is the address of IDBI Banaswadi branch?

NO 14 , 7TH MAIN, 80 FEET ROAD, S B PALYA EXTN , BANASWADI

IDBI Banaswadi Branch — IFSC Code

Q: What is the MICR code of IDBI Banaswadi?

The MICR code of IDBI Banaswadi branch is 560259029. MICR is used for cheque processing.

BANGALORE URBAN, KARNATAKA

IFSC Code

IBKL0001620

IFSC Code	IBKL0001620
MICR Code	560259029
Bank	IDBI
Branch	Banaswadi
City	BANGALORE URBAN
District	BANGALORE
State	KARNATAKA
Address	NO 14 , 7TH MAIN, 80 FEET ROAD, S B PALYA EXTN , BANASWADI
Contact	+919686482147
NEFT Enabled	Yes ✅
RTGS Enabled	Yes ✅
IMPS Enabled	Yes ✅
UPI Enabled	Yes ✅

📅Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at IDBI official site →

How to Use IFSC Code IBKL0001620

1. Login to your bank's mobile app or net banking
2. Go to Fund Transfer → Add Beneficiary
3. Enter recipient's account number + IFSC: IBKL0001620
4. Wait 30 min–24 hrs for beneficiary activation
5. Transfer via NEFT (free) or RTGS (₹2L+, instant)

IFSC Code Format — IDBI Bank

IBKL0001620

↑ Bank code↑ Reserved↑ Branch code

Frequently Asked Questions

What is the IFSC code of IDBI Banaswadi?

The IFSC code is IBKL0001620. Use this for NEFT, RTGS, and IMPS transfers to IDBI Banaswadi branch in BANGALORE URBAN.

What is the MICR code of IDBI Banaswadi?

The MICR code is 560259029. MICR codes are used for cheque processing, not for digital transfers.

Is IBKL0001620 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC — the app resolves it automatically. Use IBKL0001620 only for NEFT, RTGS, or IMPS when adding a bank account manually.