A direct conversion receiver and a method for correcting phase imbalance therein is disclosed. An input signal is applied to an in-phase channel and a quadrature channel of the receiver. The input signal is processed by the direct conversion receiver to obtain an in-phase zero intermediate frequency (IF) signal in the in-phase channel and a quadrature zero-IF signal in the quadrature channel. The in-phase zero-IF signal and the quadrature zero-IF signal are filtered to obtain a fixed band signal. A phase imbalance correction value is obtained for the fixed-band quadrature zero-IF signal as a function of the frequency of the fixed-band in-phase zero-IF signal and the fixed-band quadrature zero-IF signal. The in-phase zero-IF signal and the quadrature zero-IF signal are sampled and the phase imbalance correction value is applied using an interpolation to the sampled quadrature zero-IF signal or to the sampled in-phase zero-IF signal to correct the phase imbalance in the direct conversion receiver.