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IDBI · Visakhapatanam

IBKL0002257: IDBI, Madhurawada

IFSC code IBKL0002257 belongs to the Madhurawada branch of IDBI in Visakhapatanam, Andhra Pradesh. Its MICR code is 530259153.

IFSC
IBKL0002257
MICR
530259153
Bank
IDBI
Branch
Madhurawada
District
Visakhapatanam
State
Andhra Pradesh
Phone
+917675800634

Branch address

IDBI
Aiaabd3-56/34/Gayariagarsappvijhasuprmarphiamaayyapamradvisahapaam-53004

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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 002257 is the code of the Madhurawada branch. In the MICR code 530259153, 530 is the city, 259 the bank and 153 the branch.

Other IDBI branches in Visakhapatanam

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 Madhurawada branch (Visakhapatanam, Andhra Pradesh) is IBKL0002257.

  2. 530259153. MICR is printed at the bottom of the branch's cheques.

  3. Aiaabd3-56/34/Gayariagarsappvijhasuprmarphiamaayyapamradvisahapaam-53004

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0002257 with the beneficiary's account number.

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