IDBI — VAVE Branch

RAIGAD, MAHARASHTRA

IFSC Code IBKL0001712
MICR Code 402259509

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name IDBI
Branch Name VAVE
IFSC Code IBKL0001712
MICR Code 402259509
SWIFT Code N/A
Address GROUND FLOOR,H NO 704,AT VAVE POST,MALYAN TALUKA,ALIBAG DISTRICT PIN 402 201
City RAIGAD
District ALIBAG
State MAHARASHTRA
Contact Number +919673261945

How to Use IBKL0001712 for Money Transfers

The IFSC code IBKL0001712 is specifically assigned to the VAVE branch of IDBI located in RAIGAD, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IBKL0001712 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 IBKL0001712 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 IBKL0001712 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 VAVE Branch

The VAVE branch of IDBI is situated in RAIGAD, MAHARASHTRA. The branch address is GROUND FLOOR,H NO 704,AT VAVE POST,MALYAN TALUKA,ALIBAG DISTRICT PIN 402 201. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919673261945. Always use the IFSC code IBKL0001712 when making any online fund transfer to an account held at this branch.

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