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IDBI · Betul

IBKL0001553: IDBI, Betul

IFSC code IBKL0001553 belongs to the Betul branch of IDBI in Betul, Madhya Pradesh. Its MICR code is 460259001.

IFSC
IBKL0001553
MICR
460259001
Bank
IDBI
Branch
Betul
District
Betul
State
Madhya Pradesh
Phone
+919039923214

Branch address

IDBI
Krishna Complex,Gurudwara Road,Civil Lines,Betul

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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 001553 is the code of the Betul branch. In the MICR code 460259001, 460 is the city, 259 the bank and 001 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 Betul branch (Betul, Madhya Pradesh) is IBKL0001553.

  2. 460259001. MICR is printed at the bottom of the branch's cheques.

  3. Krishna Complex,Gurudwara Road,Civil Lines,Betul

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001553 with the beneficiary's account number.

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