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Indian Bank · Medchal Malkajgiri

IDIB000B120: Indian Bank, Bhagyanagar Colony

IFSC code IDIB000B120 belongs to the Bhagyanagar Colony branch of Indian Bank in Medchal Malkajgiri, Telangana. Its MICR code is 500019040.

IFSC
IDIB000B120
MICR
500019040
Bank
Indian Bank
Branch
Bhagyanagar Colony
District
Medchal Malkajgiri
State
Telangana
Phone
+914023162033

Branch address

Indian Bank
Plot No1 Aruna Society Hno22161/2 Madhavinagar Bhagyanagar Colony Branch Kukatpally PIN 500072

Open in a map · Pincode 500072: 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 00B120 is the code of the Bhagyanagar Colony branch. In the MICR code 500019040, 500 is the city, 019 the bank and 040 the branch.

Other Indian Bank branches in Medchal Malkajgiri

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 Bhagyanagar Colony branch (Medchal Malkajgiri, Telangana) is IDIB000B120.

  2. 500019040. MICR is printed at the bottom of the branch's cheques.

  3. Plot No1 Aruna Society Hno22161/2 Madhavinagar Bhagyanagar Colony Branch Kukatpally PIN 500072

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000B120 with the beneficiary's account number.

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