What is the IFSC code of IDBI Panvel branch RAIGAD?

The IFSC code of IDBI Panvel branch in RAIGAD is IBKL0000023. MICR code is 400259006.

What is the address of IDBI Panvel branch?

BALAJI APTS, PLOT NO3 , SECTOR 19,PANVEL MATHERAN ROAD, NEW PANVEL

IDBI Panvel Branch — IFSC Code

Q: What is the MICR code of IDBI Panvel?

The MICR code of IDBI Panvel branch is 400259006. MICR is used for cheque processing.

RAIGAD, MAHARASHTRA

IFSC Code

IBKL0000023

IFSC Code	IBKL0000023
MICR Code	400259006
Bank	IDBI
Branch	Panvel
City	RAIGAD
District	PANVEL
State	MAHARASHTRA
Address	BALAJI APTS, PLOT NO3 , SECTOR 19,PANVEL MATHERAN ROAD, NEW PANVEL
Contact	+919643795944
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 IBKL0000023

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: IBKL0000023
4. Wait 30 min–24 hrs for beneficiary activation
5. Transfer via NEFT (free) or RTGS (₹2L+, instant)

IFSC Code Format — IDBI Bank

IBKL0000023

↑ Bank code↑ Reserved↑ Branch code

Frequently Asked Questions

What is the IFSC code of IDBI Panvel?

The IFSC code is IBKL0000023. Use this for NEFT, RTGS, and IMPS transfers to IDBI Panvel branch in RAIGAD.

What is the MICR code of IDBI Panvel?

The MICR code is 400259006. MICR codes are used for cheque processing, not for digital transfers.

Is IBKL0000023 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC — the app resolves it automatically. Use IBKL0000023 only for NEFT, RTGS, or IMPS when adding a bank account manually.