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Indian Bank · Kumuram Bheem Asifabad

IDIB000A220: Indian Bank, Asifabad

IFSC code IDIB000A220 belongs to the Asifabad branch of Indian Bank in Kumuram Bheem Asifabad, Telangana. Its MICR code is 504019003.

IFSC
IDIB000A220
MICR
504019003
Bank
Indian Bank
Branch
Asifabad
District
Kumuram Bheem Asifabad
State
Telangana
Phone
+918790219458

Branch address

Indian Bank
Hno 2162/2/A Komurambheem Chowk Asifabad PIN 504293

Open in a map · Pincode 504293: 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

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00A220 is the code of the Asifabad branch. In the MICR code 504019003, 504 is the city, 019 the bank and 003 the branch.

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 Indian Bank's Asifabad branch (Kumuram Bheem Asifabad, Telangana) is IDIB000A220.

  2. 504019003. MICR is printed at the bottom of the branch's cheques.

  3. Hno 2162/2/A Komurambheem Chowk Asifabad PIN 504293

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000A220 with the beneficiary's account number.

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