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IDBI · Visakhapatanam

IBKL0002346: IDBI, MVP Colony

IFSC code IBKL0002346 belongs to the MVP Colony branch of IDBI in Visakhapatanam, Andhra Pradesh. Its MICR code is 530259007.

IFSC
IBKL0002346
MICR
530259007
Bank
IDBI
Branch
MVP Colony
District
Visakhapatanam
State
Andhra Pradesh

Branch address

IDBI
IDBI Bank Ltd,Ground Floor,Mig-4,Sector - 1,MVP Colony,Visakhapatnam

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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 002346 is the code of the MVP Colony branch. In the MICR code 530259007, 530 is the city, 259 the bank and 007 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 MVP Colony branch (Visakhapatanam, Andhra Pradesh) is IBKL0002346.

  2. 530259007. MICR is printed at the bottom of the branch's cheques.

  3. IDBI Bank Ltd,Ground Floor,Mig-4,Sector - 1,MVP Colony,Visakhapatnam

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0002346 with the beneficiary's account number.

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