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Verified Branch

IDBI

SIVANMALAI Branch, ERODE

IFSC Code
IBKL0001056
Required for NEFT, RTGS, IMPS money transfers
MICR Code
638259004
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IBKL Bank Code (1-4)
0 Control Zero (5th)
001056 Branch Code (6-11)

Complete Branch Details

Full Address KULANTHAI COMPLEX, DOOR NO 118, NEELAKATTU PUDUR, SIVANMALAI VILLAGE, KANGAYEM TALUK, PIN 638701
State TAMIL NADU
District / City SIVANMALAI
Centre / Region SIVANMALAI
Contact / Helpline +918939018607
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IBKL0001056.
  4. Confirm bank name displays as IDBI and branch as SIVANMALAI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IBKL0001056)

What is the IFSC code of IDBI SIVANMALAI branch? ↓

The verified 11-digit IFSC code is IBKL0001056. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of IDBI SIVANMALAI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 638259004. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is KULANTHAI COMPLEX, DOOR NO 118, NEELAKATTU PUDUR, SIVANMALAI VILLAGE, KANGAYEM TALUK, PIN 638701, located in SIVANMALAI district, TAMIL NADU.

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