Use this page as a one-stop reference for everything related to IDBI Bank's NADGAON BODWAD branch in BODWAD, MAHARASHTRA. The branch's IFSC code IBKL0002058 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.
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, IBKL0002058 is the IFSC of IDBI Bank's NADGAON BODWAD branch. The format is fixed: IBKL = bank code, 0 = reserved, 002058 = branch identifier.
About IDBI Bank
IDBI Bank operates a wide network of branches across India, including the Nadgaon Bodwad branch in Bodwad. 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, IBKL0002058.
About the Nadgaon Bodwad branch
The Nadgaon Bodwad branch of IDBI Bank is situated at NANDGAON,STATION ROAD NADGAON,BODWAD. 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 IBKL0002058 is used.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Nadgaon Bodwad |
| IFSC Code | IBKL0002058 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NANDGAON,STATION ROAD NADGAON,BODWAD |
| City | Bodwad |
| District | Jalgaon |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 7411671502 |
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 NADGAON BODWAD of IDBI Bank — its own 11-character IFSC. The code IBKL0002058 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 IBKL0002058 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDBI Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IBKL0002058 and the account number together uniquely identify the Nadgaon Bodwad branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IBKL0002058
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 IBKL0002058 across all three.
NEFT to IDBI Bank, NADGAON BODWAD using IFSC IBKL0002058
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 IBKL0002058, and confirm that the system picks up IDBI Bank – NADGAON BODWAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NADGAON BODWAD
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's NADGAON BODWAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0002058 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 – NADGAON BODWAD, use IMPS. With IFSC IBKL0002058 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0002058 for IDBI Bank – NADGAON BODWAD, 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 – IBKL0002058 | Yes – IBKL0002058 | Yes – IBKL0002058 |
For most retail customers crediting the Nadgaon Bodwad 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at IDBI Bank's NADGAON BODWAD branch, the IFSC IBKL0002058 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Nadgaon Bodwad branch is mapped to IFSC IBKL0002058 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 IBKL0002058.
Products and services
Customers walking into the Nadgaon Bodwad 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 IBKL0002058
Digital banking channels
Most day-to-day work that customers used to do at the Nadgaon Bodwad 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 IBKL0002058 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.
How to reach the Nadgaon Bodwad branch
The branch is located at NANDGAON,STATION ROAD NADGAON,BODWAD, which puts it inside Bodwad, the broader Jalgaon district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Nadgaon Bodwad branch” — the verified location pin for IFSC IBKL0002058 should appear at the top of the results.
- Confirm the branch is open by calling 91-7411671502 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 IBKL0002058 and your account number.
Common mistakes to avoid when using IFSC IBKL0002058
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 – NADGAON BODWAD, 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:
IBKL0002058. - 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.
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 Nadgaon Bodwad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0002058, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IBKL0002058 for IDBI Bank – NADGAON BODWAD, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
IDBI BankNadgaon Bodwad Branch
NANDGAON,STATION ROAD NADGAON,BODWAD
Bodwad, Maharashtra
Phone: 91-7411671502
IFSC: IBKL0002058
Frequently asked questions
Is IFSC IBKL0002058 valid for NEFT and RTGS?
Yes. IFSC IBKL0002058 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is IDBI Bank Nadgaon Bodwad branch located?
IDBI Bank's Nadgaon Bodwad branch is located at NANDGAON,STATION ROAD NADGAON,BODWAD, Bodwad, Maharashtra.
Does IDBI Bank Nadgaon Bodwad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7411671502 to confirm.
Is IFSC IBKL0002058 the same for all accounts at Nadgaon Bodwad branch?
Yes. The IFSC IBKL0002058 is shared by every account held at IDBI Bank's Nadgaon Bodwad branch. Only the account number changes from customer to customer.
What is the phone number of IDBI Bank Nadgaon Bodwad branch?
You can reach the branch at 91-7411671502 during regular banking hours.
How quickly will an NEFT transfer using IBKL0002058 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Nadgaon Bodwad reflect within 30 minutes.
Can I use IFSC IBKL0002058 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0002058 to send funds instantly.
How do I add IDBI Bank Nadgaon Bodwad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0002058, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IBKL0002058 belongs to IDBI Bank's NADGAON BODWAD branch, located at NANDGAON,STATION ROAD NADGAON,BODWAD in BODWAD, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
