IDBI — DAMAN Branch

How to Use IBKL0000318 for Money Transfers

The IFSC code IBKL0000318 is specifically assigned to the DAMAN branch of IDBI located in DAMAN, DADRA AND NAGAR HAVELI AND DAMAN AND DIU. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IBKL0000318 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IBKL0000318 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IBKL0000318 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About IDBI DAMAN Branch

The DAMAN branch of IDBI is situated in DAMAN, DADRA AND NAGAR HAVELI AND DAMAN AND DIU. The branch address is SURVEY NO 275/1 (A),JAMUNA NIWAS,DAMAN KUNTA ROAD,OPP GREEN VALLEY VILLA,NANI DAMAN,DAMAN-396210. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919826739384. Always use the IFSC code IBKL0000318 when making any online fund transfer to an account held at this branch.