IFSC Code of IDBI SULTAN BAZAAR Branch

IFSC code IBKL0000594 belongs to the SULTAN BAZAAR branch of IDBI in HYDERABAD URBAN, ANDHRA PRADESH. The branch is located at 428/437, BALAJI MARKET, SULTAN BAZAR, HYDERABAD, PINCODE - 500001. Its MICR code is 500259005, used for cheque clearing. You can reach the branch at +917999422371.

How this IFSC code is structured: The first 4 characters "IBKL" represent the bank code assigned by the Reserve Bank of India (RBI). The 5th character is always 0 (zero), reserved by RBI for future use. The last 6 characters "000594" identify this specific branch within the bank's network. Together, these 11 characters uniquely identify this branch across India's entire banking network.

About IDBI: IDBI is a bank operating in India and is regulated by the Reserve Bank of India (RBI). All scheduled banks in India must comply with RBI's banking regulations, including capital adequacy, customer protection, and reporting standards.

Where you can use IBKL0000594: This IFSC code is used to send money to any account at this branch via NEFT (any amount), RTGS (minimum ₹2 lakh), and IMPS (instant, 24×7). For UPI payments, IFSC is not required. UPI uses the recipient's Virtual Payment Address (VPA).

Important: Always verify the IFSC code directly with your bank or the recipient before initiating a money transfer. Adliko is an independent directory and is not affiliated with any bank. The data on this page is sourced from publicly available banking records and is updated regularly.