IDBI — SANGAREDDY Branch

MEDAK, TELANGANA

IFSC Code IBKL0001723
MICR Code 502259522

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name IDBI
Branch Name SANGAREDDY
IFSC Code IBKL0001723
MICR Code 502259522
SWIFT Code N/A
Address D NO.3-5-34,VEERABHADRA NAGAR,OPP NEW BUS STAND,SANGAREDDY -502001
City MEDAK
District SANGAREDDY
State TELANGANA
Contact Number +919100797943

How to Use IBKL0001723 for Money Transfers

The IFSC code IBKL0001723 is specifically assigned to the SANGAREDDY branch of IDBI located in MEDAK, TELANGANA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IBKL0001723 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 IBKL0001723 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 IBKL0001723 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 SANGAREDDY Branch

The SANGAREDDY branch of IDBI is situated in MEDAK, TELANGANA. The branch address is D NO.3-5-34,VEERABHADRA NAGAR,OPP NEW BUS STAND,SANGAREDDY -502001. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919100797943. Always use the IFSC code IBKL0001723 when making any online fund transfer to an account held at this branch.

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