IFSC Code of IDBI, LOWER PAREL, GREATER MUMBAI

IBKL0000559

BankIDBI
IFSC CodeIBKL0000559
Branch Code000559 (last six characters of IFSC)
BranchLOWER PAREL
City / DistrictGREATER MUMBAI
StateMAHARASHTRA

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IDBI LOWER PAREL IFSC Code

The LOWER PAREL branch of IDBI located in GREATER MUMBAI, MAHARASHTRA is identified by the IFSC code IBKL0000559. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IBKL0000559

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IBKL0000559 to identify the LOWER PAREL branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of IDBI, LOWER PAREL?
The IFSC code is IBKL0000559.

What is the branch code?
The branch code is 000559, the last six characters of the IFSC code.