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IDBI · Khammam

IBKL0000374: IDBI, Khammam

IFSC code IBKL0000374 belongs to the Khammam branch of IDBI in Khammam, Andhra Pradesh. Its MICR code is 507259002.

IFSC
IBKL0000374
MICR
507259002
Bank
IDBI
Branch
Khammam
District
Khammam
State
Andhra Pradesh
Phone
+919849914486

Branch address

IDBI
D No 8 1 75and76 M V R Complex Municipal Office Road Khammam 507 001

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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

IBKL is IDBI's bank code, the fifth character 0 is kept for future use, and 000374 is the code of the Khammam branch. In the MICR code 507259002, 507 is the city, 259 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.

01 FAQ

Common questions.

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  1. The IFSC of IDBI's Khammam branch (Khammam, Andhra Pradesh) is IBKL0000374.

  2. 507259002. MICR is printed at the bottom of the branch's cheques.

  3. D No 8 1 75and76 M V R Complex Municipal Office Road Khammam 507 001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000374 with the beneficiary's account number.

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