IDBI, BAIRAGARH, BHOPAL Branch IFSC Code

The IFSC code IBKL0001756 is assigned to IDBI, BAIRAGARH located in BHOPAL, MADHYA PRADESH. 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 IBKL0001756
MICR Code 462259006
Branch Code 001756
Branch BAIRAGARH
City BHOPAL
District BHOPAL
State MADHYA PRADESH
Address PLOT NO 1,NEAR CHRIST MEMORIAL SCHOOL,BAIRAGARH,BHOPAL-462030 Maps
Contact +919148825015

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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)
001756 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.

462 City Code
259 Bank Code
006 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 IBKL0001756 is the Indian Financial System Code assigned to IDBI, BAIRAGARH branch in BHOPAL, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BHOPAL, BHOPAL, MADHYA PRADESH. The full address is: PLOT NO 1,NEAR CHRIST MEMORIAL SCHOOL,BAIRAGARH,BHOPAL-462030

The branch code is 001756. 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 462259006. 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: IBKL0001756
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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