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IDBI · Raisen

IBKL0002400: IDBI, Badi Bareli

IFSC code IBKL0002400 belongs to the Badi Bareli branch of IDBI in Raisen, Madhya Pradesh. Its MICR code is 464259002.

IFSC
IBKL0002400
MICR
464259002
Bank
IDBI
Branch
Badi Bareli
District
Raisen
State
Madhya Pradesh
Phone
+919999999999

Branch address

IDBI
Plot No 05, Ward No 04, Prem Nagar Colony, Bhavan No.186 ,

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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 002400 is the code of the Badi Bareli branch. In the MICR code 464259002, 464 is the city, 259 the bank and 002 the branch.

Other IDBI branches in Raisen

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 Badi Bareli branch (Raisen, Madhya Pradesh) is IBKL0002400.

  2. 464259002. MICR is printed at the bottom of the branch's cheques.

  3. Plot No 05, Ward No 04, Prem Nagar Colony, Bhavan No.186 ,

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IBKL0002400 with the beneficiary's account number.

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