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IDBI · Salem

IBKL0000211: IDBI, Salem

IFSC code IBKL0000211 belongs to the Salem branch of IDBI in Salem, Tamil Nadu. Its MICR code is 636259002.

IFSC
IBKL0000211
MICR
636259002
Bank
IDBI
Branch
Salem
District
Salem
State
Tamil Nadu
Phone
+919840080291

Branch address

IDBI
IDBI Ltd.K T Towers111 Omalur Main Roadsalemsalemtamil Nadu636007

Open in a map · Pincode 636007: post offices and area

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

IBKL is IDBI's bank code, the fifth character 0 is kept for future use, and 000211 is the code of the Salem branch. In the MICR code 636259002, 636 is the city, 259 the bank and 002 the branch.

Other IDBI branches in Salem

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.

01 FAQ

Common questions.

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  1. The IFSC of IDBI's Salem branch (Salem, Tamil Nadu) is IBKL0000211.

  2. 636259002. MICR is printed at the bottom of the branch's cheques.

  3. IDBI Ltd.K T Towers111 Omalur Main Roadsalemsalemtamil Nadu636007

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000211 with the beneficiary's account number.

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