Below are the complete branch details for IDBI Bank, DEWAS branch, located in DEWAS, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0000227. 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 IBKL0000227 for IDBI Bank – DEWAS — 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, IBKL0000227 is the IFSC of IDBI Bank's DEWAS branch. The format is fixed: IBKL = bank code, 0 = reserved, 000227 = branch identifier.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Dewas |
| IFSC Code | IBKL0000227 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UG, SHOP NO 6 AND 7 DIAMOND TOWERS,A B ROAD DEWASDEWASMADHYA PRADESH455001 |
| City | Dewas |
| District | Dewas |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9595554666 |
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Dewas branch — IFSC IBKL0000227 — extends the bank's services to customers in and around Dewas, Madhya Pradesh.
About this branch
The branch is located at UG, SHOP NO 6 AND 7 DIAMOND TOWERS,A B ROAD DEWASDEWASMADHYA PRADESH455001. It serves the Dewas 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 IBKL0000227 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 DEWAS of IDBI Bank — its own 11-character IFSC. The code IBKL0000227 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 IBKL0000227 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 IBKL0000227
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 IBKL0000227 across all three.
NEFT to IDBI Bank, DEWAS using IFSC IBKL0000227
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 IBKL0000227, and confirm that the system picks up IDBI Bank – DEWAS. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to DEWAS
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's DEWAS branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0000227 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank DEWAS (IFSC IBKL0000227)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0000227 in your mobile or internet banking app, and the money is credited to the DEWAS branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0000227 for IDBI Bank – DEWAS, 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 – IBKL0000227 | Yes – IBKL0000227 | Yes – IBKL0000227 |
For most retail customers crediting the Dewas 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 IBKL0000227
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 – DEWAS is still mapped to IFSC IBKL0000227. 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 IBKL0000227 and the beneficiary's account number to complete the transfer.
Account types you can open at the Dewas branch
Once you have an account at IDBI Bank – DEWAS, the IFSC IBKL0000227 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Dewas 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 IBKL0000227
MICR & cheque-truncation details
Cheques drawn on the Dewas branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0000227 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IBKL0000227
IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the DEWAS 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 IBKL0000227 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.
Common mistakes to avoid when using IFSC IBKL0000227
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 – DEWAS, 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:
IBKL0000227. - 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 Dewas branch
The branch is located at UG, SHOP NO 6 AND 7 DIAMOND TOWERS,A B ROAD DEWASDEWASMADHYA PRADESH455001, which puts it inside Dewas, the broader Dewas district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Dewas branch” — the verified location pin for IFSC IBKL0000227 should appear at the top of the results.
- Confirm the branch is open by calling 91-9595554666 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 IBKL0000227 and your account number.
Verifying IFSC IBKL0000227 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 IBKL0000227 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9595554666.
- 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 Dewas branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0000227, however, work 24x7.
Branch address & contact
IDBI BankDewas Branch
UG, SHOP NO 6 AND 7 DIAMOND TOWERS,A B ROAD DEWASDEWASMADHYA PRADESH455001
Dewas, Madhya Pradesh
Phone: 91-9595554666
IFSC: IBKL0000227
Frequently asked questions
How quickly will an NEFT transfer using IBKL0000227 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Dewas reflect within 30 minutes.
Does IDBI Bank Dewas branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9595554666 to confirm.
Is IFSC IBKL0000227 the same for all accounts at Dewas branch?
Yes. The IFSC IBKL0000227 is shared by every account held at IDBI Bank's Dewas branch. Only the account number changes from customer to customer.
What is the phone number of IDBI Bank Dewas branch?
You can reach the branch at 91-9595554666 during regular banking hours.
How do I add IDBI Bank Dewas as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0000227, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IBKL0000227 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0000227 to send funds instantly.
Is IFSC IBKL0000227 valid for NEFT and RTGS?
Yes. IFSC IBKL0000227 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: IBKL0000227 is the IFSC code of IDBI Bank, DEWAS branch, in DEWAS, MADHYA PRADESH. 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.
