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IDBI · Nandyal

IBKL0001157: IDBI, Nandyal

IFSC code IBKL0001157 belongs to the Nandyal branch of IDBI in Nandyal, Andhra Pradesh. Its MICR code is 518259102.

IFSC
IBKL0001157
MICR
518259102
Bank
IDBI
Branch
Nandyal
District
Nandyal
State
Andhra Pradesh
Phone
+919885907360

Branch address

IDBI
25428 2 R S Road Next to HP Petrol Pump Nandyl 518502

Open in a map · Pincode 518502: 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 001157 is the code of the Nandyal branch. In the MICR code 518259102, 518 is the city, 259 the bank and 102 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 Nandyal branch (Nandyal, Andhra Pradesh) is IBKL0001157.

  2. 518259102. MICR is printed at the bottom of the branch's cheques.

  3. 25428 2 R S Road Next to HP Petrol Pump Nandyl 518502

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001157 with the beneficiary's account number.

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