Below are the complete branch details for IDBI Bank, HOSHANGABAD branch, located in HOSHANGABAD, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0001290. 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 IBKL0001290 for IDBI Bank – HOSHANGABAD — 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 – HOSHANGABAD is IBKL0001290. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001290 map to this branch in HOSHANGABAD, MADHYA PRADESH.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Hoshangabad |
| IFSC Code | IBKL0001290 |
| MICR Code | Refer to cheque leaf |
| Branch Address | IDBI BANK LTD,GROUND FLOOR,PLOT NO 9/2,OPPOSITE MPSRTC BUS STAND,WARD NO-28,KRISHNAPURI,HOSHANGABAD (M.P)-461001 |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9977000975 |
About IDBI Bank
IDBI Bank operates a wide network of branches across India, including the Hoshangabad branch in Hoshangabad. 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, IBKL0001290.
About the Hoshangabad branch
The Hoshangabad branch of IDBI Bank is situated at IDBI BANK LTD,GROUND FLOOR,PLOT NO 9/2,OPPOSITE MPSRTC BUS STAND,WARD NO-28,KRISHNAPURI,HOSHANGABAD (M.P)-461001. 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 IBKL0001290 is used.
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 HOSHANGABAD branch came to be assigned the code IBKL0001290.
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 IBKL0001290, money simply cannot be routed to the HOSHANGABAD branch electronically.
How to transfer money using IFSC IBKL0001290
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 IBKL0001290 across all three.
NEFT to IDBI Bank, HOSHANGABAD using IFSC IBKL0001290
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 IBKL0001290, and confirm that the system picks up IDBI Bank – HOSHANGABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IBKL0001290
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 – HOSHANGABAD, ensure your bank's portal accepts IFSC IBKL0001290 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to IDBI Bank – HOSHANGABAD, use IMPS. With IFSC IBKL0001290 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 IBKL0001290 for IDBI Bank – HOSHANGABAD, 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 – IBKL0001290 | Yes – IBKL0001290 | Yes – IBKL0001290 |
For most retail customers crediting the Hoshangabad 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 IBKL0001290
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 – HOSHANGABAD is still mapped to IFSC IBKL0001290. 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 IBKL0001290 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Hoshangabad branch is mapped to IFSC IBKL0001290 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 IBKL0001290.
Banking services available
The Hoshangabad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9977000975.
- 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 IBKL0001290
MICR & cheque-truncation details
Cheques drawn on the Hoshangabad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0001290 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Hoshangabad 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 IBKL0001290 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.
Common mistakes to avoid when using IFSC IBKL0001290
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 – HOSHANGABAD, 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:
IBKL0001290. - 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.
Reaching the branch
The Hoshangabad branch sits at IDBI BANK LTD,GROUND FLOOR,PLOT NO 9/2,OPPOSITE MPSRTC BUS STAND,WARD NO-28,KRISHNAPURI,HOSHANGABAD (M.P)-461001. If you are travelling from outside Hoshangabad, search for the branch on a maps application using the bank name and locality, or call 91-9977000975 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 IBKL0001290 and your account number.
Verifying IFSC IBKL0001290 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 IBKL0001290 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9977000975.
- 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 Hoshangabad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0001290, however, work 24x7.
Branch address & contact
IDBI BankHoshangabad Branch
IDBI BANK LTD,GROUND FLOOR,PLOT NO 9/2,OPPOSITE MPSRTC BUS STAND,WARD NO-28,KRISHNAPURI,HOSHANGABAD (M.P)-461001
Hoshangabad, Madhya Pradesh
Phone: 91-9977000975
IFSC: IBKL0001290
Frequently asked questions
What is the phone number of IDBI Bank Hoshangabad branch?
You can reach the branch at 91-9977000975 during regular banking hours.
How do I add IDBI Bank Hoshangabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0001290, and complete OTP verification. Once activated, you can transfer funds at any time.
Does IDBI Bank Hoshangabad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9977000975 to confirm.
What is the IFSC code of IDBI Bank Hoshangabad branch?
The IFSC code of IDBI Bank, Hoshangabad branch is IBKL0001290. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IBKL0001290 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Hoshangabad reflect within 30 minutes.
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 Hoshangabad branch but serve different purposes.
Can I use IFSC IBKL0001290 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0001290 to send funds instantly.
Summary
The IFSC code IBKL0001290 belongs to IDBI Bank's HOSHANGABAD branch, located at IDBI BANK LTD,GROUND FLOOR,PLOT NO 9/2,OPPOSITE MPSRTC BUS STAND,WARD… in HOSHANGABAD, 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.
