IDBI, GAURIBIDANUR, KOLAR Branch IFSC Code

The IFSC code IBKL0002023 is assigned to IDBI, GAURIBIDANUR located in KOLAR, KARNATAKA. 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 IBKL0002023
MICR Code 561259202
Branch Code 002023
Branch GAURIBIDANUR
City KOLAR
District GAURIBIDANUR
State KARNATAKA
Address MAURTHI BUILDING,BH ROAD CROSS,BEHIND NATARAJA THEATRE,CHIKKABALLAPUR DIST,GAURIBIDANUR,PIN-561208 Maps
Contact +917034475776

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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)
002023 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.

561 City Code
259 Bank Code
202 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 IBKL0002023 is the Indian Financial System Code assigned to IDBI, GAURIBIDANUR branch in KOLAR, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in KOLAR, GAURIBIDANUR, KARNATAKA. The full address is: MAURTHI BUILDING,BH ROAD CROSS,BEHIND NATARAJA THEATRE,CHIKKABALLAPUR DIST,GAURIBIDANUR,PIN-561208

The branch code is 002023. 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 561259202. 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: IBKL0002023
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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