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IDBI · Indore

IBKL0001857: IDBI, Sanwer Branch

IFSC code IBKL0001857 belongs to the Sanwer Branch branch of IDBI in Indore, Madhya Pradesh. Its MICR code is 452259501.

IFSC
IBKL0001857
MICR
452259501
Bank
IDBI
Branch
Sanwer Branch
District
Indore
State
Madhya Pradesh
Phone
+917049092740

Branch address

IDBI
Jo Oopp Khelwl Hmshl

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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 001857 is the code of the Sanwer Branch branch. In the MICR code 452259501, 452 is the city, 259 the bank and 501 the branch.

Other IDBI branches in Indore

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 Sanwer Branch branch (Indore, Madhya Pradesh) is IBKL0001857.

  2. 452259501. MICR is printed at the bottom of the branch's cheques.

  3. Jo Oopp Khelwl Hmshl

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001857 with the beneficiary's account number.

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