IBKL0000016: IDBI, Panchkula
IFSC code IBKL0000016 belongs to the Panchkula branch of IDBI in Panchkula, Haryana. Its MICR code is 160259002.
- IFSC
- IBKL0000016
- MICR
- 160259002
- Bank
- IDBI
- Branch
- Panchkula
- District
- Panchkula
- State
- Haryana
- Phone
- +919569712502
Branch address
IDBI
S.C.O.65 , Sector 11
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments by UPI ID or mobile number from apps |
Reading this IFSC
IBKL is IDBI's bank code, the fifth character 0 is kept for future use, and 000016 is the code of the Panchkula branch. In the MICR code 160259002, 160 is the city, 259 the bank and 002 the branch.
Other IDBI branches in Panchkula
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.
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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.
The IFSC of IDBI's Panchkula branch (Panchkula, Haryana) is IBKL0000016.
160259002. MICR is printed at the bottom of the branch's cheques.
S.C.O.65 , Sector 11
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000016 with the beneficiary's account number.
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