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IDBI · Hyderabad

IBKL0000297: IDBI, Secunderabad

IFSC code IBKL0000297 belongs to the Secunderabad branch of IDBI in Hyderabad, Telangana. Its MICR code is 500259008.

IFSC
IBKL0000297
MICR
500259008
Bank
IDBI
Branch
Secunderabad
District
Hyderabad
State
Telangana
Phone
+916303366500

Branch address

IDBI
9-1-164/A, Amsri Faust Bldg,Opp. Deccan Chronicle,S.D Road, Secunderabad - 500003

Open in a map · Pincode 500003: 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 000297 is the code of the Secunderabad branch. In the MICR code 500259008, 500 is the city, 259 the bank and 008 the branch.

Other IDBI branches in Hyderabad

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 Secunderabad branch (Hyderabad, Telangana) is IBKL0000297.

  2. 500259008. MICR is printed at the bottom of the branch's cheques.

  3. 9-1-164/A, Amsri Faust Bldg,Opp. Deccan Chronicle,S.D Road, Secunderabad - 500003

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000297 with the beneficiary's account number.

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