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IDBI · Satna

IBKL0001842: IDBI, Nagod

IFSC code IBKL0001842 belongs to the Nagod branch of IDBI in Satna, Madhya Pradesh. Its MICR code is 485259501.

IFSC
IBKL0001842
MICR
485259501
Bank
IDBI
Branch
Nagod
District
Satna
State
Madhya Pradesh
Phone
+919620958895

Branch address

IDBI
Brijmohan Complex,Ground Floor,H.No.161,Ward No.2,Mouza Namtara,Nagod -485446 MP

Open in a map · Pincode 485446: 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 001842 is the code of the Nagod branch. In the MICR code 485259501, 485 is the city, 259 the bank and 501 the branch.

Other IDBI branches in Satna

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 Nagod branch (Satna, Madhya Pradesh) is IBKL0001842.

  2. 485259501. MICR is printed at the bottom of the branch's cheques.

  3. Brijmohan Complex,Ground Floor,H.No.161,Ward No.2,Mouza Namtara,Nagod -485446 MP

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001842 with the beneficiary's account number.

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