IDBI, MANDVI, SURAT Branch IFSC Code

The IFSC code IBKL0002131 is assigned to IDBI, MANDVI located in SURAT, GUJARAT. 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 IBKL0002131
MICR Code 394259091
Branch Code 002131
Branch MANDVI
City SURAT
District MANDVI
State GUJARAT
Address CITY SURVEY NO 834,WARD NO 3,AUDICHYAWAD,NR NAGRIK BANK,MANDVI Maps
Contact +919716137177

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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)
002131 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.

394 City Code
259 Bank Code
091 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 IBKL0002131 is the Indian Financial System Code assigned to IDBI, MANDVI branch in SURAT, GUJARAT. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SURAT, MANDVI, GUJARAT. The full address is: CITY SURVEY NO 834,WARD NO 3,AUDICHYAWAD,NR NAGRIK BANK,MANDVI

The branch code is 002131. 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 394259091. 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: IBKL0002131
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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