Branch Details — IBKL0002324
| Bank Name | IDBI |
| Branch Name | Madhavaram |
| IFSC Code | IBKL0002324 |
| MICR Code | 600259045 |
| Bank Code (RBI) | IBKL |
| Branch Code | 002324 |
| Address | NO.326,MRH ROAD,MADHAVARAM,CHENNAI 600060 |
| City | Thiruvallur |
| District | Madhavaram |
| State | Tamil Nadu |
| Contact | +919789033490 |
| Toll Free | 1800-209-4324 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using IBKL0002324
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC IBKL0002324.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC IBKL0002324.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is IBKL0002324. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at IDBI Madhavaram branch, Thiruvallur, Tamil Nadu.
The MICR code is 600259045. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: NO.326,MRH ROAD,MADHAVARAM,CHENNAI 600060. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
IBKL identifies IDBI. The 5th character 0 is reserved by RBI. The last 6 characters 002324 identify the Madhavaram branch.
Yes. IDBI Madhavaram Branch (IFSC: IBKL0002324) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC IBKL0002324 → select NEFT/RTGS/IMPS → confirm with OTP.