IDBI, NAWADA, NAWADA Branch IFSC Code

The IFSC code IBKL0001250 is assigned to IDBI, NAWADA located in NAWADA, BIHAR. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name IDBI
IFSC Code IBKL0001250
MICR Code 805259002
Branch Code 001250
Branch NAWADA
City NAWADA
District NAWADA
State BIHAR
Address NAWADA, BIHAR PRASAD BIGHA, MINI COLLECTORATE, NEAR HOTEL GALAXY, MAIN ROAD, NAWADA, PIN 805 110 Maps
Contact +917070079187

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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)
001250 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.

805 City Code
259 Bank Code
002 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 IBKL0001250 is the Indian Financial System Code assigned to IDBI, NAWADA branch in NAWADA, BIHAR. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NAWADA, NAWADA, BIHAR. The full address is: NAWADA, BIHAR PRASAD BIGHA, MINI COLLECTORATE, NEAR HOTEL GALAXY, MAIN ROAD, NAWADA, PIN 805 110

The branch code is 001250. 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 805259002. 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: IBKL0001250
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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