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IDBI · Ratlam

IBKL0000252: IDBI, Ratlam

IFSC code IBKL0000252 belongs to the Ratlam branch of IDBI in Ratlam, Madhya Pradesh. Its MICR code is 457259002.

IFSC
IBKL0000252
MICR
457259002
Bank
IDBI
Branch
Ratlam
District
Ratlam
State
Madhya Pradesh
Phone
+919806472124

Branch address

IDBI
Shashvat 127 Biharilal Margold Court Roadratlamratlam457001

Open in a map · Pincode 457001: 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 000252 is the code of the Ratlam branch. In the MICR code 457259002, 457 is the city, 259 the bank and 002 the branch.

Other IDBI branches in Ratlam

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 Ratlam branch (Ratlam, Madhya Pradesh) is IBKL0000252.

  2. 457259002. MICR is printed at the bottom of the branch's cheques.

  3. Shashvat 127 Biharilal Margold Court Roadratlamratlam457001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000252 with the beneficiary's account number.

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