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Indian Bank · Krishna

IDIB000M507: Indian Bank, Microsate Machilipatnam

IFSC code IDIB000M507 belongs to the Microsate Machilipatnam branch of Indian Bank in Krishna, Andhra Pradesh. Its MICR code is 521019028.

IFSC
IDIB000M507
MICR
521019028
Bank
Indian Bank
Branch
Microsate Machilipatnam
District
Krishna
State
Andhra Pradesh
Phone
+917386999237

Branch address

Indian Bank
25/271 272 Kojjilipeta Machilipatnam Kojjilipeta PIN 521001

Open in a map · Pincode 521001: 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 00M507 is the code of the Microsate Machilipatnam branch. In the MICR code 521019028, 521 is the city, 019 the bank and 028 the branch.

Other Indian Bank branches in Krishna

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 Microsate Machilipatnam branch (Krishna, Andhra Pradesh) is IDIB000M507.

  2. 521019028. MICR is printed at the bottom of the branch's cheques.

  3. 25/271 272 Kojjilipeta Machilipatnam Kojjilipeta PIN 521001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M507 with the beneficiary's account number.

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