Use this page as a one-stop reference for everything related to IDBI Bank's KHEMALA branch in ANGUL, ODISHA. The branch's IFSC code IBKL0002042 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For IDBI Bank's KHEMALA branch, the IFSC IBKL0002042 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 002042 identifies this particular branch.
About IDBI Bank
IDBI Bank operates a wide network of branches across India, including the Khemala branch in Angul. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IBKL0002042.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Khemala |
| IFSC Code | IBKL0002042 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT - RAJIV GANDHI SEVA KENDRA,KHEMALA PANCHAYAT OFFICE,PO KHMALA,DIST.ANGUL-759119 |
| City | Angul |
| District | Angul |
| State | Odisha |
| STD Code | 91 |
| Phone | 9337615990 |
About the Khemala branch
The Khemala branch of IDBI Bank is situated at AT - RAJIV GANDHI SEVA KENDRA,KHEMALA PANCHAYAT OFFICE,PO KHMALA,DIST.ANGUL-759119. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IBKL0002042 is used.
Why every IDBI Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including KHEMALA of IDBI Bank — its own 11-character IFSC. The code IBKL0002042 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IBKL0002042 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Khemala branch
Once you have an account at IDBI Bank – KHEMALA, the IFSC IBKL0002042 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Khemala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9337615990.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IBKL0002042
How to transfer money using IFSC IBKL0002042
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IBKL0002042 across all three.
NEFT to IDBI Bank, KHEMALA using IFSC IBKL0002042
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IBKL0002042, and confirm that the system picks up IDBI Bank – KHEMALA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to KHEMALA
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's KHEMALA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0002042 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank KHEMALA (IFSC IBKL0002042)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0002042 in your mobile or internet banking app, and the money is credited to the KHEMALA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0002042 for IDBI Bank – KHEMALA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IBKL0002042 | Yes – IBKL0002042 | Yes – IBKL0002042 |
For most retail customers crediting the Khemala branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IBKL0002042
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at IDBI Bank – KHEMALA is still mapped to IFSC IBKL0002042. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IBKL0002042 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Khemala branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IBKL0002042 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Khemala branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0002042 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IBKL0002042
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to IDBI Bank – KHEMALA, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IBKL0002042. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Khemala branch
The branch is located at AT - RAJIV GANDHI SEVA KENDRA,KHEMALA PANCHAYAT OFFICE,PO KHMALA,DIST.ANGUL-759119, which puts it inside Angul, the broader Angul district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Khemala branch” — the verified location pin for IFSC IBKL0002042 should appear at the top of the results.
- Confirm the branch is open by calling 91-9337615990 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IBKL0002042 and your account number.
Verifying IFSC IBKL0002042 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IBKL0002042 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9337615990.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Khemala branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0002042, however, work 24x7.
Branch address & contact
IDBI BankKhemala Branch
AT - RAJIV GANDHI SEVA KENDRA,KHEMALA PANCHAYAT OFFICE,PO KHMALA,DIST.ANGUL-759119
Angul, Odisha
Phone: 91-9337615990
IFSC: IBKL0002042
Frequently asked questions
What is the IFSC code of IDBI Bank Khemala branch?
The IFSC code of IDBI Bank, Khemala branch is IBKL0002042. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IBKL0002042 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Khemala reflect within 30 minutes.
What is the phone number of IDBI Bank Khemala branch?
You can reach the branch at 91-9337615990 during regular banking hours.
How do I add IDBI Bank Khemala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0002042, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Khemala branch but serve different purposes.
Does IDBI Bank Khemala branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9337615990 to confirm.
Is IFSC IBKL0002042 valid for NEFT and RTGS?
Yes. IFSC IBKL0002042 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is IDBI Bank Khemala branch located?
IDBI Bank's Khemala branch is located at AT - RAJIV GANDHI SEVA KENDRA,KHEMALA PANCHAYAT OFFICE,PO KHMALA,DIST.ANGUL-759119, Angul, Odisha.
Final notes
To recap: IBKL0002042 is the IFSC code of IDBI Bank, KHEMALA branch, in ANGUL, ODISHA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
