IFSC Code of IDBI Bank, IDBI Bank Ltd Newai Branch, Rajasthan

Below are the complete branch details for IDBI Bank, IDBI BANK LTD NEWAI branch, located in NEWAI, RAJASTHAN. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0002407. 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 IBKL0002407 for IDBI Bank – IDBI BANK LTD NEWAI — 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 – IDBI BANK LTD NEWAI is IBKL0002407. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002407 map to this branch in NEWAI, RAJASTHAN.

Bank profile

IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The IDBI Bank Ltd Newai branch — IFSC IBKL0002407 — extends the bank's services to customers in and around Newai, Rajasthan.

About the IDBI Bank Ltd Newai branch

The IDBI Bank Ltd Newai branch of IDBI Bank is situated at GROUND FLOOR,AGRO TRADE TOWER,KRISHI UPAJ MANDI SAMITI,NEWAI,TONK -304021. 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 IBKL0002407 is used.

Branch details at a glance

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 IDBI BANK LTD NEWAI of IDBI Bank — its own 11-character IFSC. The code IBKL0002407 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 IBKL0002407 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 IBKL0002407 and the account number together uniquely identify the IDBI Bank Ltd Newai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC IBKL0002407

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 IBKL0002407 across all three.

NEFT to IDBI Bank, IDBI BANK LTD NEWAI using IFSC IBKL0002407

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 IBKL0002407, and confirm that the system picks up IDBI Bank – IDBI BANK LTD NEWAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to IDBI BANK LTD NEWAI

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's IDBI BANK LTD NEWAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0002407 while initiating the transfer and the credit will appear within minutes.

IMPS to IDBI Bank IDBI BANK LTD NEWAI (IFSC IBKL0002407)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0002407 in your mobile or internet banking app, and the money is credited to the IDBI BANK LTD NEWAI branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC IBKL0002407 for IDBI Bank – IDBI BANK LTD NEWAI, 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.

For most retail customers crediting the IDBI Bank Ltd Newai 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 IDBI BANK LTD NEWAI branch, the IFSC IBKL0002407 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.

Account types you can open at the IDBI Bank Ltd Newai branch

Once you have an account at IDBI Bank – IDBI BANK LTD NEWAI, the IFSC IBKL0002407 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 IDBI Bank Ltd Newai 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 IBKL0002407

Digital banking channels

Most day-to-day work that customers used to do at the IDBI Bank Ltd Newai 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 IBKL0002407 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.

Reaching the branch

The IDBI Bank Ltd Newai branch sits at GROUND FLOOR,AGRO TRADE TOWER,KRISHI UPAJ MANDI SAMITI,NEWAI,TONK -304021. If you are travelling from outside Newai, search for the branch on a maps application using the bank name and locality, or call 141-4133529 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 IBKL0002407 and your account number.

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 – IDBI BANK LTD NEWAI:

• The IFSC is exactly IBKL0002407 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 IDBI BANK LTD NEWAI 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.

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 IDBI Bank Ltd Newai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0002407, however, work 24x7.

Verifying IFSC IBKL0002407 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 IBKL0002407 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 141-4133529.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0002407 belongs to IDBI Bank's IDBI BANK LTD NEWAI branch, located at GROUND FLOOR,AGRO TRADE TOWER,KRISHI UPAJ MANDI SAMITI,NEWAI,TONK -304021 in NEWAI, RAJASTHAN. 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.