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IDBI · Ujjain

IBKL0002040: IDBI, Badnagar

IFSC code IBKL0002040 belongs to the Badnagar branch of IDBI in Ujjain, Madhya Pradesh. Its MICR code is 456259051.

IFSC
IBKL0002040
MICR
456259051
Bank
IDBI
Branch
Badnagar
District
Ujjain
State
Madhya Pradesh
Phone
+919977213064

Branch address

IDBI
Diversion Road,Jawahar Marg,Badnagar District Ujjain ( M.P. ) 456771

Open in a map · Pincode 456771: 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 002040 is the code of the Badnagar branch. In the MICR code 456259051, 456 is the city, 259 the bank and 051 the branch.

Other IDBI branches in Ujjain

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 Badnagar branch (Ujjain, Madhya Pradesh) is IBKL0002040.

  2. 456259051. MICR is printed at the bottom of the branch's cheques.

  3. Diversion Road,Jawahar Marg,Badnagar District Ujjain ( M.P. ) 456771

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0002040 with the beneficiary's account number.

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