IFSC Code IBKL01084SB - Idbi Bank Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi

Idbi Bank Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi Branch IFSC Code IBKL01084SB — Complete Banking Guide for Bangalore, Karnataka

IFSC code IBKL01084SB belongs to the Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi branch of Idbi Bank in Bangalore, Bangalore district, Karnataka. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC IBKL01084SB to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.

About Idbi Bank, Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi Branch

The Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi branch of Idbi Bank in Bangalore, Karnataka serves retail and corporate customers in Bangalore district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC IBKL01084SB is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.

Payment Methods Using IFSC IBKL01084SB

Four primary digital payment rails use IFSC IBKL01084SB for transfers to Idbi Bank, Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC IBKL01084SB against the RBI IFSC master list before processing the payment.

MICR Code and Branch Details

In addition to the IFSC, the Swarna Bharathi Sahakara Bank Niyamitha Basavanagudi branch of Idbi Bank in Bangalore carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC IBKL01084SB exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.

How to Verify IFSC IBKL01084SB Before Transferring

Before initiating any high-value transfer to IFSC IBKL01084SB, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Idbi Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.