IFSC Code of IDBI Bank, Swastik Vihar,Panchkula Branch, Haryana

Below are the complete branch details for IDBI Bank, SWASTIK VIHAR,PANCHKULA branch, located in PANCHKULA, HARYANA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0000168. 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 IBKL0000168 for IDBI Bank – SWASTIK VIHAR,PANCHKULA — 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 SWASTIK VIHAR,PANCHKULA branch, the IFSC IBKL0000168 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 000168 identifies this particular branch.

Bank profile

IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Swastik Vihar,Panchkula branch — IFSC IBKL0000168 — extends the bank's services to customers in and around Panchkula, Haryana.

About the Swastik Vihar,Panchkula branch

The Swastik Vihar,Panchkula branch of IDBI Bank is situated at SCO 10-11, SWASTIK VIHAR, SECTOR 5, MANSADEVI COMPLEX PANCHKULA- 134113. 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 IBKL0000168 is used.

Branch details at a glance

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 SWASTIK VIHAR,PANCHKULA branch came to be assigned the code IBKL0000168.

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 IBKL0000168, money simply cannot be routed to the SWASTIK VIHAR,PANCHKULA branch electronically.

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 IBKL0000168 and the account number together uniquely identify the Swastik Vihar,Panchkula branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC IBKL0000168

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 IBKL0000168 across all three.

NEFT to IDBI Bank, SWASTIK VIHAR,PANCHKULA using IFSC IBKL0000168

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 IBKL0000168, and confirm that the system picks up IDBI Bank – SWASTIK VIHAR,PANCHKULA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SWASTIK VIHAR,PANCHKULA

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's SWASTIK VIHAR,PANCHKULA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0000168 while initiating the transfer and the credit will appear within minutes.

IMPS to IDBI Bank SWASTIK VIHAR,PANCHKULA (IFSC IBKL0000168)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0000168 in your mobile or internet banking app, and the money is credited to the SWASTIK VIHAR,PANCHKULA branch account within seconds.

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

All three modes accept the IFSC IBKL0000168 for IDBI Bank – SWASTIK VIHAR,PANCHKULA, 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 Swastik Vihar,Panchkula 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 SWASTIK VIHAR,PANCHKULA branch, the IFSC IBKL0000168 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 Swastik Vihar,Panchkula branch

Once you have an account at IDBI Bank – SWASTIK VIHAR,PANCHKULA, the IFSC IBKL0000168 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 Swastik Vihar,Panchkula 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 IBKL0000168

Online banking and IFSC IBKL0000168

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the SWASTIK VIHAR,PANCHKULA 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 IBKL0000168 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.

How to reach the Swastik Vihar,Panchkula branch

The branch is located at SCO 10-11, SWASTIK VIHAR, SECTOR 5, MANSADEVI COMPLEX PANCHKULA- 134113, which puts it inside Panchkula, the broader Panchkula district, and the state of Haryana. To plan your visit:

1. Open Google Maps on your phone and search for “IDBI Bank Swastik Vihar,Panchkula branch” — the verified location pin for IFSC IBKL0000168 should appear at the top of the results.
2. Confirm the branch is open by calling 91-9814806559 before stepping out, especially around public holidays.
3. 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 IBKL0000168 and your account number.

Common mistakes to avoid when using IFSC IBKL0000168

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 – SWASTIK VIHAR,PANCHKULA, 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: IBKL0000168.
• 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.

Working hours

Branch counters at Swastik Vihar,Panchkula 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 IBKL0000168 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IBKL0000168 for IDBI Bank – SWASTIK VIHAR,PANCHKULA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Final notes

To recap: IBKL0000168 is the IFSC code of IDBI Bank, SWASTIK VIHAR,PANCHKULA branch, in PANCHKULA, 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.