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IDBI · Bhopal

IBKL0001098: IDBI, Kolar Road Bhopal

IFSC code IBKL0001098 belongs to the Kolar Road Bhopal branch of IDBI in Bhopal, Madhya Pradesh. Its MICR code is 462259005.

IFSC
IBKL0001098
MICR
462259005
Bank
IDBI
Branch
Kolar Road Bhopal
District
Bhopal
State
Madhya Pradesh
Phone
+919826800855

Branch address

IDBI
Gurukripa Tower,Upper Ground Floor Kolar

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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 001098 is the code of the Kolar Road Bhopal branch. In the MICR code 462259005, 462 is the city, 259 the bank and 005 the branch.

Other IDBI branches in Bhopal

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 Kolar Road Bhopal branch (Bhopal, Madhya Pradesh) is IBKL0001098.

  2. 462259005. MICR is printed at the bottom of the branch's cheques.

  3. Gurukripa Tower,Upper Ground Floor Kolar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001098 with the beneficiary's account number.

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