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IDBI · Banas Kantha

IBKL0001955: IDBI, Merwada

IFSC code IBKL0001955 belongs to the Merwada branch of IDBI in Banas Kantha, Gujarat. Its MICR code is 385259503.

IFSC
IBKL0001955
MICR
385259503
Bank
IDBI
Branch
Merwada
District
Banas Kantha
State
Gujarat
Phone
+919537163162

Branch address

IDBI
First Floor the Merwada Dudh Udpadak Sahakari Mandali Ltd P.O Merwada Tal.Palanpur 385001

Open in a map · Pincode 385001: 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 001955 is the code of the Merwada branch. In the MICR code 385259503, 385 is the city, 259 the bank and 503 the branch.

Other IDBI branches in Banas Kantha

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 Merwada branch (Banas Kantha, Gujarat) is IBKL0001955.

  2. 385259503. MICR is printed at the bottom of the branch's cheques.

  3. First Floor the Merwada Dudh Udpadak Sahakari Mandali Ltd P.O Merwada Tal.Palanpur 385001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0001955 with the beneficiary's account number.

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