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Dhanlaxmi Bank · SPSR Nellore

DLXB0000176: Dhanlaxmi Bank, Nellore

IFSC code DLXB0000176 belongs to the Nellore branch of Dhanlaxmi Bank in SPSR Nellore, Andhra Pradesh. Its MICR code is 524048002.

IFSC
DLXB0000176
MICR
524048002
Bank
Dhanlaxmi Bank
Branch
Nellore
District
SPSR Nellore
State
Andhra Pradesh
Phone
+918616451630

Branch address

Dhanlaxmi Bank
15/345,Brindavanam Behind Vijaya Dairy Nellore Andhra Pradesh

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

DLXB is Dhanlaxmi Bank's bank code, the fifth character 0 is kept for future use, and 000176 is the code of the Nellore branch. In the MICR code 524048002, 524 is the city, 048 the bank and 002 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of Dhanlaxmi Bank's Nellore branch (SPSR Nellore, Andhra Pradesh) is DLXB0000176.

  2. 524048002. MICR is printed at the bottom of the branch's cheques.

  3. 15/345,Brindavanam Behind Vijaya Dairy Nellore Andhra Pradesh

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC DLXB0000176 with the beneficiary's account number.

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