IDBI KAROL BAUG Branch IFSC Code

IBKL 0000550
IDBI Logo IDBI
KAROL BAUG — NEW DELHI, DELHI
MICR: 110259026 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
IDBI
Branch
KAROL BAUG
IFSC Code
IBKL0000550
MICR Code
110259026
Address
2046, BANK STREET, GURUDWARA ROAD, KAROLBAGH, NEW DELHI, PINCODE - 110005
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City
NEW DELHI
District
DELHI
State
DELHI
Contact
+917017906014

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IBKL0000550 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IBKL0000550.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IBKL0000550.

IFSC Code Structure

I
B
K
L
0
0
0
0
5
5
0
  • IBKL — Bank code (IDBI)
  • 0 — Reserved (always 0)
  • 000550 — Branch code (KAROL BAUG)

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Frequently Asked Questions

Is IBKL0000550 valid for online transfer?
Yes, IBKL0000550 is a valid IFSC code for IDBI KAROL BAUG branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IBKL0000550 belong to?
IBKL0000550 belongs to IDBI. The first 4 characters "IBKL" identify the bank.
What is the MICR code for this branch?
The MICR code for IDBI KAROL BAUG is 110259026. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IBKL0000550?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.