Below are the complete branch details for IDBI Bank, DAMOH branch, located in DAMOH, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0001629. 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 IBKL0001629 for IDBI Bank – DAMOH — 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, IBKL0001629 is the IFSC of IDBI Bank's DAMOH branch. The format is fixed: IBKL = bank code, 0 = reserved, 001629 = branch identifier.
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Damoh branch — IFSC IBKL0001629 — extends the bank's services to customers in and around Damoh, Madhya Pradesh.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Damoh |
| IFSC Code | IBKL0001629 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661 |
| City | Damoh |
| District | Damoh |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9752205247 |
About this branch
The branch is located at SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661. It serves the Damoh 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 IBKL0001629 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 DAMOH branch came to be assigned the code IBKL0001629.
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 IBKL0001629, money simply cannot be routed to the DAMOH branch electronically.
Products and account variants supported
Every account opened at the Damoh branch is mapped to IFSC IBKL0001629 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 IBKL0001629.
Products and services
Customers walking into the Damoh 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 IBKL0001629
How to transfer money using IFSC IBKL0001629
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 IBKL0001629 across all three.
How to use IFSC IBKL0001629 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's DAMOH 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 IBKL0001629.
- Confirm the bank name auto-populates as IDBI Bank and the branch as DAMOH.
- 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 DAMOH
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's DAMOH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0001629 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 – DAMOH, use IMPS. With IFSC IBKL0001629 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 IBKL0001629 for IDBI Bank – DAMOH, 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 – IBKL0001629 | Yes – IBKL0001629 | Yes – IBKL0001629 |
For most retail customers crediting the Damoh 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 DAMOH branch, the IFSC IBKL0001629 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.
Online banking and IFSC IBKL0001629
IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the DAMOH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IBKL0001629 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Damoh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0001629 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – DAMOH:
- The IFSC is exactly IBKL0001629 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 DAMOH 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 Damoh branch sits at SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661. If you are travelling from outside Damoh, search for the branch on a maps application using the bank name and locality, or call 91-9752205247 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 IBKL0001629 and your account number.
Verifying IFSC IBKL0001629 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 IBKL0001629 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9752205247.
- 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 Damoh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0001629, however, work 24x7.
Branch address & contact
IDBI BankDamoh Branch
SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661
Damoh, Madhya Pradesh
Phone: 91-9752205247
IFSC: IBKL0001629
Frequently asked questions
Where is IDBI Bank Damoh branch located?
IDBI Bank's Damoh branch is located at SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661, Damoh, Madhya Pradesh.
What is the phone number of IDBI Bank Damoh branch?
You can reach the branch at 91-9752205247 during regular banking hours.
Can I use IFSC IBKL0001629 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0001629 to send funds instantly.
Does IDBI Bank Damoh branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9752205247 to confirm.
How do I add IDBI Bank Damoh as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0001629, 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 Damoh branch but serve different purposes.
Summary
The IFSC code IBKL0001629 belongs to IDBI Bank's DAMOH branch, located at SANMATI SADAN,MAAGANJ WARD NO 3,STATION ROAD,DAMOH 470661 in DAMOH, MADHYA PRADESH. 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.
