Use this page as a one-stop reference for everything related to IDBI Bank's RETAIL ASSET VADODARA branch in VADODARA, GUJARAT. The branch's IFSC code IBKL0000856 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 RETAIL ASSET VADODARA branch, the IFSC IBKL0000856 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 000856 identifies this particular branch.
About the bank
IDBI Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Retail Asset Vadodara branch in Vadodara, Gujarat is part of this network and uses the IFSC code IBKL0000856 for all electronic settlement.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Retail Asset Vadodara |
| IFSC Code | IBKL0000856 |
| MICR Code | Refer to cheque leaf |
| Branch Address | IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE COURSE CIRCLE BARODA 390007 |
| City | Vadodara |
| District | Vadodara |
| State | Gujarat |
| STD Code | 91 |
| Phone | 9924199747 |
About this branch
The branch is located at IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE COURSE CIRCLE BARODA 390007. It serves the Vadodara 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 IBKL0000856 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 RETAIL ASSET VADODARA of IDBI Bank — its own 11-character IFSC. The code IBKL0000856 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 IBKL0000856 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Retail Asset Vadodara branch
Once you have an account at IDBI Bank – RETAIL ASSET VADODARA, the IFSC IBKL0000856 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 Retail Asset Vadodara 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 IBKL0000856
How to transfer money using IFSC IBKL0000856
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 IBKL0000856 across all three.
NEFT to IDBI Bank, RETAIL ASSET VADODARA using IFSC IBKL0000856
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 IBKL0000856, and confirm that the system picks up IDBI Bank – RETAIL ASSET VADODARA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RETAIL ASSET VADODARA
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's RETAIL ASSET VADODARA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0000856 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to IDBI Bank – RETAIL ASSET VADODARA, use IMPS. With IFSC IBKL0000856 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 IBKL0000856 for IDBI Bank – RETAIL ASSET VADODARA, 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 – IBKL0000856 | Yes – IBKL0000856 | Yes – IBKL0000856 |
For most retail customers crediting the Retail Asset Vadodara 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 IBKL0000856
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 – RETAIL ASSET VADODARA is still mapped to IFSC IBKL0000856. 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 IBKL0000856 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 Retail Asset Vadodara 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 IBKL0000856 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 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 IBKL0000856 and the account number together uniquely identify the Retail Asset Vadodara 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 IBKL0000856
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 – RETAIL ASSET VADODARA, 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:
IBKL0000856. - 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 Retail Asset Vadodara branch sits at IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE COURSE CIRCLE BARODA 390007. If you are travelling from outside Vadodara, search for the branch on a maps application using the bank name and locality, or call 91-9924199747 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 IBKL0000856 and your account number.
Verifying IFSC IBKL0000856 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 IBKL0000856 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9924199747.
- 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 Retail Asset Vadodara branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0000856, however, work 24x7.
Branch address & contact
IDBI BankRetail Asset Vadodara Branch
IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE COURSE CIRCLE BARODA 390007
Vadodara, Gujarat
Phone: 91-9924199747
IFSC: IBKL0000856
Frequently asked questions
Is IFSC IBKL0000856 the same for all accounts at Retail Asset Vadodara branch?
Yes. The IFSC IBKL0000856 is shared by every account held at IDBI Bank's Retail Asset Vadodara branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IBKL0000856 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Retail Asset Vadodara reflect within 30 minutes.
Does IDBI Bank Retail Asset Vadodara branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9924199747 to confirm.
What is the IFSC code of IDBI Bank Retail Asset Vadodara branch?
The IFSC code of IDBI Bank, Retail Asset Vadodara branch is IBKL0000856. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is IDBI Bank Retail Asset Vadodara branch located?
IDBI Bank's Retail Asset Vadodara branch is located at IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE COURSE CIRCLE BARODA 390007, Vadodara, Gujarat.
What is the phone number of IDBI Bank Retail Asset Vadodara branch?
You can reach the branch at 91-9924199747 during regular banking hours.
Summary
The IFSC code IBKL0000856 belongs to IDBI Bank's RETAIL ASSET VADODARA branch, located at IDBI BANK LTD 2ND FLOOR RAC DEPTGARG PLAZAOPP PIZZA HUTNR GAUTAM NAGAR RACE… in VADODARA, GUJARAT. 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.
