IFSCIndex

IDBI Faridabad IFSC Code

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IDBI

IBKL0002470

IFSC · Used for NEFT, IMPS & RTGS

121259003

MICR · Used for Cheque Clearance

Branch

Faridabad

Address

Idbi Bank Ltd.,1 G-47 B.p.,nit No-1 , Opposite Mall Of Faridabadfaridabad, Haryana Pin-121001

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District

Faridabad

State

Haryana

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Frequently Asked Questions

About IDBI Faridabad (idbi Bank Ltd. - 2470), Faridabad

The IFSC code IBKL0002470 (lowercase: ibkl0002470) belongs to IDBI, specifically the Faridabad (idbi Bank Ltd. - 2470) branch located in Faridabad, Haryana.

The 5th character in the IFSC code IBKL0002470 is a zero (0), not the letter 'O'. The correct format is IBKL0002470 (lowercase: ibkl0002470), and not IBKLO002470. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of IDBI Faridabad (idbi Bank Ltd. - 2470) in Faridabad, Haryana is IBKL0002470. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

IDBI Faridabad (idbi Bank Ltd. - 2470) is located at Idbi Bank Ltd.,1 G-47 B.p.,nit No-1 , Opposite Mall Of Faridabadfaridabad, Haryana Pin-121001, Faridabad, Haryana. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of IDBI Faridabad (idbi Bank Ltd. - 2470) is 121259003. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code IBKL0002470 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code IBKL0002470 by checking: (1) The top-left corner of any IDBI Faridabad (idbi Bank Ltd. - 2470) cheque leaf, (2) The first page of your IDBI passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: IBKL0002470

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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IBKL
Bank Codechars 1–4
0Reservedchar 5
002470
Branch Codechars 6–11

IBKL0002470

What Each Part Means

Bank Code — IBKL
The first 4 characters uniquely identify IDBI at the national level. Every branch of IDBI across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 002470
The final 6 characters 002470 uniquely identify this specific branch within the IDBI network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code IBKL0002470
SegmentCharsValuePurpose
Bank Code1–4IBKLIdentifies IDBI
Reserved50RBI reserved (always 0)
Branch Code6–11002470Unique to this branch

Where to Find IFSC & MICR on Your Cheque

Interactive cheque leaf mockup — highlighted fields show live values from this branch

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchIBKL0002470121259003
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.