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Indian Bank · Medak

IDIB000M026: Indian Bank, Medak

IFSC code IDIB000M026 belongs to the Medak branch of Indian Bank in Medak, Telangana. Its MICR code is 502019002.

IFSC
IDIB000M026
MICR
502019002
Bank
Indian Bank
Branch
Medak
District
Medak
State
Telangana
Phone
+918452222340

Branch address

Indian Bank
193 1st Floor Main Road Medak Medak Town PIN 502110

Open in a map · Pincode 502110: 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 00M026 is the code of the Medak branch. In the MICR code 502019002, 502 is the city, 019 the bank and 002 the branch.

Other Indian Bank branches in Medak

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 Medak branch (Medak, Telangana) is IDIB000M026.

  2. 502019002. MICR is printed at the bottom of the branch's cheques.

  3. 193 1st Floor Main Road Medak Medak Town PIN 502110

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M026 with the beneficiary's account number.

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