IDBI, MADURAI CORPORATE BANKING BRANCH, MADURAI Branch IFSC Code

The IFSC code IBKL0000388 is assigned to IDBI, MADURAI CORPORATE BANKING BRANCH located in MADURAI, TAMIL NADU. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name IDBI
IFSC Code IBKL0000388
MICR Code 625259003
Branch Code 000388
Branch MADURAI CORPORATE BANKING BRANCH
City MADURAI
District MADURAI
State TAMIL NADU
Address IDBI BANK LTDSPECIALIZED CORPORATE BRANCHVIRUMAN CENTRE 1ST FLOOR19 1 PANDIARAJAPURAM MAIN ROAD19 1 PANDIARAJAPURAM MAIN ROAD Maps
Contact +919920331273

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IBKL Bank Code
0 Reserved (0)
000388 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

625 City Code
259 Bank Code
003 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IBKL0000388 is the Indian Financial System Code assigned to IDBI, MADURAI CORPORATE BANKING BRANCH branch in MADURAI, TAMIL NADU. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MADURAI, MADURAI, TAMIL NADU. The full address is: IDBI BANK LTDSPECIALIZED CORPORATE BRANCHVIRUMAN CENTRE 1ST FLOOR19 1 PANDIARAJAPURAM MAIN ROAD19 1 PANDIARAJAPURAM MAIN ROAD

The branch code is 000388. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of IDBI.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 625259003. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IBKL0000388
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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