Below are the complete branch details for IDBI Bank, COIMBATORE RAJA STREET branch, located in COIMBATORE, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0001621. 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 IBKL0001621 for IDBI Bank – COIMBATORE RAJA STREET — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for IDBI Bank – COIMBATORE RAJA STREET is IBKL0001621. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001621 map to this branch in COIMBATORE, TAMIL NADU.
About the bank
IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Coimbatore Raja Street branch in Coimbatore, Tamil Nadu is part of this network and uses the IFSC code IBKL0001621 for all electronic settlement.
About this branch
The branch is located at 589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE. It serves the Coimbatore 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 IBKL0001621 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Coimbatore Raja Street |
| IFSC Code | IBKL0001621 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE |
| City | Coimbatore |
| District | Coimbatore |
| State | Tamil Nadu |
| STD Code | 422 |
| Phone | 6502430 |
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 COIMBATORE RAJA STREET of IDBI Bank — its own 11-character IFSC. The code IBKL0001621 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 IBKL0001621 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 IBKL0001621 and the account number together uniquely identify the Coimbatore Raja Street branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IBKL0001621
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 IBKL0001621 across all three.
How to use IFSC IBKL0001621 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's COIMBATORE RAJA STREET 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 IBKL0001621.
- Confirm the bank name auto-populates as IDBI Bank and the branch as COIMBATORE RAJA STREET.
- 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 COIMBATORE RAJA STREET
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's COIMBATORE RAJA STREET branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0001621 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank COIMBATORE RAJA STREET (IFSC IBKL0001621)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0001621 in your mobile or internet banking app, and the money is credited to the COIMBATORE RAJA STREET branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0001621 for IDBI Bank – COIMBATORE RAJA STREET, 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 – IBKL0001621 | Yes – IBKL0001621 | Yes – IBKL0001621 |
For most retail customers crediting the Coimbatore Raja Street 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 IBKL0001621
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 – COIMBATORE RAJA STREET is still mapped to IFSC IBKL0001621. 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 IBKL0001621 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Coimbatore Raja Street branch is mapped to IFSC IBKL0001621 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 IBKL0001621.
Banking services available
The Coimbatore Raja Street branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 422-6502430.
- 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 IBKL0001621
Digital banking channels
Most day-to-day work that customers used to do at the Coimbatore Raja Street 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 IBKL0001621 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 Coimbatore Raja Street branch
The branch is located at 589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE, which puts it inside Coimbatore, the broader Coimbatore district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Coimbatore Raja Street branch” — the verified location pin for IFSC IBKL0001621 should appear at the top of the results.
- Confirm the branch is open by calling 422-6502430 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 IBKL0001621 and your account number.
Common mistakes to avoid when using IFSC IBKL0001621
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 – COIMBATORE RAJA STREET, 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:
IBKL0001621. - 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.
Working hours
Branch counters at Coimbatore Raja Street 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 IBKL0001621 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IBKL0001621 for IDBI Bank – COIMBATORE RAJA STREET, 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 BankCoimbatore Raja Street Branch
589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE
Coimbatore, Tamil Nadu
Phone: 422-6502430
IFSC: IBKL0001621
Frequently asked questions
What is the phone number of IDBI Bank Coimbatore Raja Street branch?
You can reach the branch at 422-6502430 during regular banking hours.
Where is IDBI Bank Coimbatore Raja Street branch located?
IDBI Bank's Coimbatore Raja Street branch is located at 589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE, Coimbatore, Tamil Nadu.
Does IDBI Bank Coimbatore Raja Street branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 422-6502430 to confirm.
Can I use IFSC IBKL0001621 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0001621 to send funds instantly.
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 Coimbatore Raja Street branch but serve different purposes.
Is IFSC IBKL0001621 the same for all accounts at Coimbatore Raja Street branch?
Yes. The IFSC IBKL0001621 is shared by every account held at IDBI Bank's Coimbatore Raja Street branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IBKL0001621 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Coimbatore Raja Street reflect within 30 minutes.
Summary
The IFSC code IBKL0001621 belongs to IDBI Bank's COIMBATORE RAJA STREET branch, located at 589,SRI LAKSHMI LODGING COMPLEX,RAJA STREET,COIMBATORE in COIMBATORE, 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.


