IDBI — SULTAN BAZAAR Branch

HYDERABAD URBAN, ANDHRA PRADESH

IFSC Code IBKL0000594
MICR Code 500259005

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name IDBI
Branch Name SULTAN BAZAAR
IFSC Code IBKL0000594
MICR Code 500259005
SWIFT Code N/A
Address 428/437, BALAJI MARKET, SULTAN BAZAR, HYDERABAD, PINCODE - 500001
City HYDERABAD URBAN
District HYDERABAD
State ANDHRA PRADESH
Contact Number +917999422371

How to Use IBKL0000594 for Money Transfers

The IFSC code IBKL0000594 is specifically assigned to the SULTAN BAZAAR branch of IDBI located in HYDERABAD URBAN, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IBKL0000594 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 IBKL0000594 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 IBKL0000594 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.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About IDBI SULTAN BAZAAR Branch

The SULTAN BAZAAR branch of IDBI is situated in HYDERABAD URBAN, ANDHRA PRADESH. The branch address is 428/437, BALAJI MARKET, SULTAN BAZAR, HYDERABAD, PINCODE - 500001. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +917999422371. Always use the IFSC code IBKL0000594 when making any online fund transfer to an account held at this branch.

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