Below are the complete branch details for IDBI Bank, MUZAFFARPUR branch, located in MUZAFFARPUR, BIHAR. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0000294. 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 IBKL0000294 for IDBI Bank – MUZAFFARPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For IDBI Bank's MUZAFFARPUR branch, the IFSC IBKL0000294 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 000294 identifies this particular branch.
About IDBI Bank
IDBI Bank operates a wide network of branches across India, including the Muzaffarpur branch in Muzaffarpur. 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, IBKL0000294.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Muzaffarpur |
| IFSC Code | IBKL0000294 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001 |
| City | Muzaffarpur |
| District | Muzaffarpur |
| State | Bihar |
| STD Code | 91 |
| Phone | 9540061976 |
About this branch
The branch is located at CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001. It serves the Muzaffarpur 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 IBKL0000294 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 MUZAFFARPUR of IDBI Bank — its own 11-character IFSC. The code IBKL0000294 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 IBKL0000294 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Muzaffarpur branch is mapped to IFSC IBKL0000294 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 IBKL0000294.
Products and services
Customers walking into the Muzaffarpur 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 IBKL0000294
How to transfer money using IFSC IBKL0000294
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 IBKL0000294 across all three.
NEFT to IDBI Bank, MUZAFFARPUR using IFSC IBKL0000294
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 IBKL0000294, and confirm that the system picks up IDBI Bank – MUZAFFARPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MUZAFFARPUR
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's MUZAFFARPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0000294 while initiating the transfer and the credit will appear within minutes.
IMPS to IDBI Bank MUZAFFARPUR (IFSC IBKL0000294)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0000294 in your mobile or internet banking app, and the money is credited to the MUZAFFARPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0000294 for IDBI Bank – MUZAFFARPUR, 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 – IBKL0000294 | Yes – IBKL0000294 | Yes – IBKL0000294 |
For most retail customers crediting the Muzaffarpur 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 IBKL0000294
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 – MUZAFFARPUR is still mapped to IFSC IBKL0000294. 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 IBKL0000294 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Muzaffarpur 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 IBKL0000294 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 & cheque-truncation details
Cheques drawn on the Muzaffarpur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0000294 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IBKL0000294
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 – MUZAFFARPUR, 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:
IBKL0000294. - 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 Muzaffarpur branch
The branch is located at CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001, which puts it inside Muzaffarpur, the broader Muzaffarpur district, and the state of Bihar. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Muzaffarpur branch” — the verified location pin for IFSC IBKL0000294 should appear at the top of the results.
- Confirm the branch is open by calling 91-9540061976 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 IBKL0000294 and your account number.
Verifying IFSC IBKL0000294 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 IBKL0000294 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9540061976.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Muzaffarpur 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 IBKL0000294 continue to work without interruption.
Branch address & contact
IDBI BankMuzaffarpur Branch
CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001
Muzaffarpur, Bihar
Phone: 91-9540061976
IFSC: IBKL0000294
Frequently asked questions
Is IFSC IBKL0000294 valid for NEFT and RTGS?
Yes. IFSC IBKL0000294 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IBKL0000294 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Muzaffarpur reflect within 30 minutes.
How do I add IDBI Bank Muzaffarpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0000294, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IBKL0000294 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0000294 to send funds instantly.
Is IFSC IBKL0000294 the same for all accounts at Muzaffarpur branch?
Yes. The IFSC IBKL0000294 is shared by every account held at IDBI Bank's Muzaffarpur branch. Only the account number changes from customer to customer.
What is the phone number of IDBI Bank Muzaffarpur branch?
You can reach the branch at 91-9540061976 during regular banking hours.
Where is IDBI Bank Muzaffarpur branch located?
IDBI Bank's Muzaffarpur branch is located at CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001, Muzaffarpur, Bihar.
What is the IFSC code of IDBI Bank Muzaffarpur branch?
The IFSC code of IDBI Bank, Muzaffarpur branch is IBKL0000294. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IBKL0000294 belongs to IDBI Bank's MUZAFFARPUR branch, located at CHOTI SARAIYAGANJ, MUZAFFARPUR BIHAR 842001 in MUZAFFARPUR, BIHAR. 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.
