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IDBI · Nanded

IBKL0000580: IDBI, Nivgha

IFSC code IBKL0000580 belongs to the Nivgha branch of IDBI in Nanded, Maharashtra. Its MICR code is 431259502.

IFSC
IBKL0000580
MICR
431259502
Bank
IDBI
Branch
Nivgha
District
Nanded
State
Maharashtra
Phone
+919921585971

Branch address

IDBI
Dayanand Bhuvannivgha (Bazar)Tal Hadgaonnanded431743

Open in a map · Pincode 431743: 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 000580 is the code of the Nivgha branch. In the MICR code 431259502, 431 is the city, 259 the bank and 502 the branch.

Other IDBI branches in Nanded

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 Nivgha branch (Nanded, Maharashtra) is IBKL0000580.

  2. 431259502. MICR is printed at the bottom of the branch's cheques.

  3. Dayanand Bhuvannivgha (Bazar)Tal Hadgaonnanded431743

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0000580 with the beneficiary's account number.

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