This page lists the IFSC code, branch address, contact number and fund-transfer information for IDBI Bank, SAROLI branch in PALWAL. The 11-digit IFSC IBKL0001418 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with IDBI Bank at the SAROLI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – SAROLI is IBKL0001418. The first four letters IBKL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001418 map to this branch in PALWAL, HARYANA.
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Saroli branch — IFSC IBKL0001418 — extends the bank's services to customers in and around Palwal, Haryana.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Saroli |
| IFSC Code | IBKL0001418 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR GOVT PRIMARY SCHOOL, VILLAGE AND POST SAROLI, PALWAL PIN 121102 |
| City | Palwal |
| District | Faridabad |
| State | Haryana |
| STD Code | 91 |
| Phone | 7678246622 |
About this branch
The branch is located at NEAR GOVT PRIMARY SCHOOL, VILLAGE AND POST SAROLI, PALWAL PIN 121102. It serves the Palwal 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 IBKL0001418 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 SAROLI branch came to be assigned the code IBKL0001418.
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 IBKL0001418, money simply cannot be routed to the SAROLI branch electronically.
Account types you can open at the Saroli branch
Once you have an account at IDBI Bank – SAROLI, the IFSC IBKL0001418 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.
Banking services available
The Saroli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7678246622.
- 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 IBKL0001418
How to transfer money using IFSC IBKL0001418
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 IBKL0001418 across all three.
NEFT to IDBI Bank, SAROLI using IFSC IBKL0001418
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 IBKL0001418, and confirm that the system picks up IDBI Bank – SAROLI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IBKL0001418
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 – SAROLI, ensure your bank's portal accepts IFSC IBKL0001418 while registering the beneficiary. RTGS is also available 24x7.
IMPS to IDBI Bank SAROLI (IFSC IBKL0001418)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0001418 in your mobile or internet banking app, and the money is credited to the SAROLI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0001418 for IDBI Bank – SAROLI, 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 – IBKL0001418 | Yes – IBKL0001418 | Yes – IBKL0001418 |
For most retail customers crediting the Saroli 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 IBKL0001418
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 – SAROLI is still mapped to IFSC IBKL0001418. 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 IBKL0001418 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IBKL0001418
IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the SAROLI 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 IBKL0001418 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 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 IBKL0001418 and the account number together uniquely identify the Saroli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IBKL0001418
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 – SAROLI, 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:
IBKL0001418. - 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 Saroli branch
The branch is located at NEAR GOVT PRIMARY SCHOOL, VILLAGE AND POST SAROLI, PALWAL PIN 121102, which puts it inside Palwal, the broader Faridabad district, and the state of Haryana. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Saroli branch” — the verified location pin for IFSC IBKL0001418 should appear at the top of the results.
- Confirm the branch is open by calling 91-7678246622 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 IBKL0001418 and your account number.
Verifying IFSC IBKL0001418 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 IBKL0001418 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7678246622.
- 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 Saroli branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0001418, however, work 24x7.
Branch address & contact
IDBI BankSaroli Branch
NEAR GOVT PRIMARY SCHOOL, VILLAGE AND POST SAROLI, PALWAL PIN 121102
Palwal, Haryana
Phone: 91-7678246622
IFSC: IBKL0001418
Frequently asked questions
How do I add IDBI Bank Saroli as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0001418, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IBKL0001418 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IBKL0001418 to send funds instantly.
Is IFSC IBKL0001418 valid for NEFT and RTGS?
Yes. IFSC IBKL0001418 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of IDBI Bank Saroli branch?
You can reach the branch at 91-7678246622 during regular banking hours.
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 Saroli branch but serve different purposes.
What is the IFSC code of IDBI Bank Saroli branch?
The IFSC code of IDBI Bank, Saroli branch is IBKL0001418. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IBKL0001418 the same for all accounts at Saroli branch?
Yes. The IFSC IBKL0001418 is shared by every account held at IDBI Bank's Saroli branch. Only the account number changes from customer to customer.
Final notes
To recap: IBKL0001418 is the IFSC code of IDBI Bank, SAROLI branch, in PALWAL, HARYANA. 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.
