Below are the complete branch details for IDBI Bank, BAGALKOT branch, located in BAGALKOT, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0001071. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IBKL0001071 for IDBI Bank – BAGALKOT — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IBKL0001071 is the IFSC of IDBI Bank's BAGALKOT branch. The format is fixed: IBKL = bank code, 0 = reserved, 001071 = branch identifier.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Bagalkot |
| IFSC Code | IBKL0001071 |
| MICR Code | Refer to cheque leaf |
| Branch Address | IDBI BANK LTD, LAXMI COMPLEX, T P NO 82,WARD NO 10,NEAR VASAVI TALKIES, STATION ROAD, BAGALKOT - 587101 |
| City | Bagalkot |
| District | Bagalkote |
| State | Karnataka |
| STD Code | 91 |
| Phone | 8329322271 |
About the bank
IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bagalkot branch in Bagalkot, Karnataka is part of this network and uses the IFSC code IBKL0001071 for all electronic settlement.
About this branch
The branch is located at IDBI BANK LTD, LAXMI COMPLEX, T P NO 82,WARD NO 10,NEAR VASAVI TALKIES, STATION ROAD, BAGALKOT - 587101. It serves the Bagalkot region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of IDBI Bank. The IFSC IBKL0001071 is used to identify this branch on the RBI payments network.
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 BAGALKOT of IDBI Bank — its own 11-character IFSC. The code IBKL0001071 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 IBKL0001071 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IBKL0001071
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 IBKL0001071 across all three.
How to use IFSC IBKL0001071 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's BAGALKOT branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IBKL0001071.
- Confirm the bank name auto-populates as IDBI Bank and the branch as BAGALKOT.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to BAGALKOT
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's BAGALKOT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0001071 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to IDBI Bank – BAGALKOT, use IMPS. With IFSC IBKL0001071 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Bagalkot
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IBKL0001071:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BAGALKOT is still linked to IFSC IBKL0001071.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IBKL0001071
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 – BAGALKOT is still mapped to IFSC IBKL0001071. 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 IBKL0001071 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Bagalkot branch is mapped to IFSC IBKL0001071 on the RBI payments network. The branch generally supports the full retail product catalogue of IDBI Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IBKL0001071.
Products and services
Customers walking into the Bagalkot branch can access most of IDBI Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IBKL0001071
MICR & cheque-truncation details
Cheques drawn on the Bagalkot branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0001071 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Bagalkot 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 IBKL0001071 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.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDBI Bank – BAGALKOT:
- The IFSC is exactly IBKL0001071 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills IDBI Bank as the bank name and BAGALKOT as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Bagalkot branch sits at IDBI BANK LTD, LAXMI COMPLEX, T P NO 82,WARD NO 10,NEAR VASAVI TALKIES, STATION ROAD, BAGALKOT - 587101. If you are travelling from outside Bagalkot, search for the branch on a maps application using the bank name and locality, or call 91-8329322271 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IBKL0001071 and your account number.
Verifying IFSC IBKL0001071 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 IBKL0001071 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8329322271.
- 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 Bagalkot branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0001071, however, work 24x7.
Branch address & contact
IDBI BankBagalkot Branch
IDBI BANK LTD, LAXMI COMPLEX, T P NO 82,WARD NO 10,NEAR VASAVI TALKIES, STATION ROAD, BAGALKOT - 587101
Bagalkot, Karnataka
Phone: 91-8329322271
IFSC: IBKL0001071
Frequently asked questions
How do I add IDBI Bank Bagalkot as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0001071, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of IDBI Bank Bagalkot branch?
The IFSC code of IDBI Bank, Bagalkot branch is IBKL0001071. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IBKL0001071 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Bagalkot reflect within 30 minutes.
Does IDBI Bank Bagalkot branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8329322271 to confirm.
Is IFSC IBKL0001071 valid for NEFT and RTGS?
Yes. IFSC IBKL0001071 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is IDBI Bank Bagalkot branch located?
IDBI Bank's Bagalkot branch is located at IDBI BANK LTD, LAXMI COMPLEX, T P NO 82,WARD NO 10,NEAR VASAVI TALKIES, STATION ROAD, BAGALKOT - 587101, Bagalkot, Karnataka.
Can I use IFSC IBKL0001071 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0001071 to send funds instantly.
Is IFSC IBKL0001071 the same for all accounts at Bagalkot branch?
Yes. The IFSC IBKL0001071 is shared by every account held at IDBI Bank's Bagalkot branch. Only the account number changes from customer to customer.
Final notes
To recap: IBKL0001071 is the IFSC code of IDBI Bank, BAGALKOT branch, in BAGALKOT, KARNATAKA. 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.
