This page lists the IFSC code, branch address, contact number and fund-transfer information for IDBI Bank, PERUNGUDI RAC branch in CHENNAI. The 11-digit IFSC IBKL0008036 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with IDBI Bank at the PERUNGUDI RAC location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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, IBKL0008036 is the IFSC of IDBI Bank's PERUNGUDI RAC branch. The format is fixed: IBKL = bank code, 0 = reserved, 008036 = branch identifier.
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Perungudi Rac branch — IFSC IBKL0008036 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Perungudi Rac |
| IFSC Code | IBKL0008036 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI |
| City | Chennai |
| District | Perungudi |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 24488039 |
About this branch
The branch is located at 288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI. It serves the Chennai 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 IBKL0008036 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how IDBI Bank's PERUNGUDI RAC branch came to be assigned the code IBKL0008036.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IBKL0008036, money simply cannot be routed to the PERUNGUDI RAC branch electronically.
Products and account variants supported
Every account opened at the Perungudi Rac branch is mapped to IFSC IBKL0008036 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 IBKL0008036.
Products and services
Customers walking into the Perungudi Rac 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 IBKL0008036
How to transfer money using IFSC IBKL0008036
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 IBKL0008036 across all three.
How to use IFSC IBKL0008036 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's PERUNGUDI RAC 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 IBKL0008036.
- Confirm the bank name auto-populates as IDBI Bank and the branch as PERUNGUDI RAC.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IBKL0008036
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to IDBI Bank – PERUNGUDI RAC, ensure your bank's portal accepts IFSC IBKL0008036 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to IDBI Bank – PERUNGUDI RAC, use IMPS. With IFSC IBKL0008036 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 IBKL0008036 for IDBI Bank – PERUNGUDI RAC, 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 – IBKL0008036 | Yes – IBKL0008036 | Yes – IBKL0008036 |
For most retail customers crediting the Perungudi Rac 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 PERUNGUDI RAC branch, the IFSC IBKL0008036 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.
Digital banking channels
Most day-to-day work that customers used to do at the Perungudi Rac 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 IBKL0008036 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 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 IBKL0008036 and the account number together uniquely identify the Perungudi Rac branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IBKL0008036
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 – PERUNGUDI RAC, 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:
IBKL0008036. - 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 Perungudi Rac branch
The branch is located at 288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI, which puts it inside Chennai, the broader Perungudi district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Perungudi Rac branch” — the verified location pin for IFSC IBKL0008036 should appear at the top of the results.
- Confirm the branch is open by calling 44-24488039 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 IBKL0008036 and your account number.
Verifying IFSC IBKL0008036 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 IBKL0008036 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-24488039.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Perungudi Rac are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IBKL0008036 continue to work without interruption.
Branch address & contact
IDBI BankPerungudi Rac Branch
288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI
Chennai, Tamil Nadu
Phone: 44-24488039
IFSC: IBKL0008036
Frequently asked questions
Where is IDBI Bank Perungudi Rac branch located?
IDBI Bank's Perungudi Rac branch is located at 288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI, Chennai, Tamil Nadu.
Is IFSC IBKL0008036 valid for NEFT and RTGS?
Yes. IFSC IBKL0008036 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IBKL0008036 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0008036 to send funds instantly.
How do I add IDBI Bank Perungudi Rac as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0008036, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of IDBI Bank Perungudi Rac branch?
The IFSC code of IDBI Bank, Perungudi Rac branch is IBKL0008036. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
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 Perungudi Rac branch but serve different purposes.
Is IFSC IBKL0008036 the same for all accounts at Perungudi Rac branch?
Yes. The IFSC IBKL0008036 is shared by every account held at IDBI Bank's Perungudi Rac branch. Only the account number changes from customer to customer.
Summary
The IFSC code IBKL0008036 belongs to IDBI Bank's PERUNGUDI RAC branch, located at 288/2 OLD MAHABALIPURAM ROAD,PERUNGUDI in CHENNAI, TAMIL NADU. 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.
