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IDBI · S.A.S Nagar

IBKL0001668: IDBI, Kharar

IFSC code IBKL0001668 belongs to the Kharar branch of IDBI in S.A.S Nagar, Punjab. Its MICR code is 160259014.

IFSC
IBKL0001668
MICR
160259014
Bank
IDBI
Branch
Kharar
District
S.A.S Nagar
State
Punjab

Branch address

IDBI
503,Opposite Saini Sweets,Chandigarh Kharar Road,Kharar 140301

Open in a map · Pincode 140301: 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 001668 is the code of the Kharar branch. In the MICR code 160259014, 160 is the city, 259 the bank and 014 the branch.

Other IDBI branches in S.A.S Nagar

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 Kharar branch (S.A.S Nagar, Punjab) is IBKL0001668.

  2. 160259014. MICR is printed at the bottom of the branch's cheques.

  3. 503,Opposite Saini Sweets,Chandigarh Kharar Road,Kharar 140301

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001668 with the beneficiary's account number.

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