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IDBI · Visakhapatanam

IBKL0000432: IDBI, Gachibowli

IFSC code IBKL0000432 belongs to the Gachibowli branch of IDBI in Visakhapatanam, Andhra Pradesh. Its MICR code is 500259010.

IFSC
IBKL0000432
MICR
500259010
Bank
IDBI
Branch
Gachibowli
District
Visakhapatanam
State
Andhra Pradesh
Phone
+919494758601

Branch address

IDBI
IDBI Bank Ltd, Diamond Park, Plot No.81,Vianayak Nagar Colony,Gachibowli Stadium Road, Gachibowli, Hyderabad-500 032

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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 000432 is the code of the Gachibowli branch. In the MICR code 500259010, 500 is the city, 259 the bank and 010 the branch.

Other IDBI branches in Visakhapatanam

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 Gachibowli branch (Visakhapatanam, Andhra Pradesh) is IBKL0000432.

  2. 500259010. MICR is printed at the bottom of the branch's cheques.

  3. IDBI Bank Ltd, Diamond Park, Plot No.81,Vianayak Nagar Colony,Gachibowli Stadium Road, Gachibowli, Hyderabad-500 032

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000432 with the beneficiary's account number.

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