IDBI MADHAVARAM Branch IFSC Code

IBKL 0002324
IDBI Logo IDBI
MADHAVARAM — THIRUVALLUR, TAMIL NADU
MICR: 600259045 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
IDBI
Branch
MADHAVARAM
IFSC Code
IBKL0002324
MICR Code
600259045
Address
NO.326,MRH ROAD,MADHAVARAM,CHENNAI 600060
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City
THIRUVALLUR
District
MADHAVARAM
State
TAMIL NADU
Contact
+919789033490

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IBKL0002324 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 IBKL0002324.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IBKL0002324.

IFSC Code Structure

I
B
K
L
0
0
0
2
3
2
4
  • IBKL — Bank code (IDBI)
  • 0 — Reserved (always 0)
  • 002324 — Branch code (MADHAVARAM)

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Frequently Asked Questions

Is IBKL0002324 valid for online transfer?
Yes, IBKL0002324 is a valid IFSC code for IDBI MADHAVARAM branch in THIRUVALLUR, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IBKL0002324 belong to?
IBKL0002324 belongs to IDBI. The first 4 characters "IBKL" identify the bank.
What is the MICR code for this branch?
The MICR code for IDBI MADHAVARAM is 600259045. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IBKL0002324?
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.