It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Powai Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Powai branch is the cheque book. All banks will print the Powai on the cheque books. Also, your account pass book should have the Powai branch printed.
The address of Powai branch is Jheel darshan, mhada complex, a. S. Marg (powai to andheri road) , powai, mumbai, maharashtra 400076, which is located in Mumbai District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for IDBI Powai is also provided.
Powai has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of IDBI Powai branch, fund transfer between these banks is also possible.