IFSC Code Details

Idbi Bank Lb Nagar Branch IFSC Code IBKL0001057

Branch
LB NAGAR BRANCH
NEFT RTGS IMPS
IFSC CODE
IBKL0001057

IDBI BANK - LB NAGAR BRANCH Details

Bank Name IDBI BANK
IFSC Code IBKL0001057 Use for NEFT, RTGS, IMPS
MICR Code 500259014
Branch Name LB NAGAR BRANCH
Address ANDHRAPRADESH PLOT NO 15 AND 28 ,SRINIVASA CHAMBERS, MANSOORABAD, LB NAGAR RING ROAD,RANGAREDDY DIST,HYDERABAD,AP 500074
City HYDERABAD
District HYDERABAD
State ANDHRA PRADESH
Contact Number 9705624079

About IDBI BANK in HYDERABAD

Looking for the IFSC Code of IDBI BANK, LB NAGAR BRANCH branch? The code is IBKL0001057.

This branch is situated at ANDHRAPRADESH PLOT NO 15 AND 28 ,SRINIVASA CHAMBERS, MANSOORABAD, LB NAGAR RING ROAD,RANGAREDDY DIST,HYDERABAD,AP 500074 in HYDERABAD district of ANDHRA PRADESH.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to IDBI BANK LB NAGAR BRANCH branch, you need to provide the beneficiary's account number and this IFSC code (IBKL0001057) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code IBKL0001057 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

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