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IDBI · Raisen

IBKL0001633: IDBI, Raisen

IFSC code IBKL0001633 belongs to the Raisen branch of IDBI in Raisen, Madhya Pradesh. Its MICR code is 464259001.

IFSC
IBKL0001633
MICR
464259001
Bank
IDBI
Branch
Raisen
District
Raisen
State
Madhya Pradesh
Phone
+917691974974

Branch address

IDBI
Beside Vijaya Bank,Patandeo,Sagar Road.Raisen

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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 001633 is the code of the Raisen branch. In the MICR code 464259001, 464 is the city, 259 the bank and 001 the branch.

Other IDBI branches in Raisen

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 Raisen branch (Raisen, Madhya Pradesh) is IBKL0001633.

  2. 464259001. MICR is printed at the bottom of the branch's cheques.

  3. Beside Vijaya Bank,Patandeo,Sagar Road.Raisen

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001633 with the beneficiary's account number.

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