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Indian Bank · Begusarai

IDIB000M585: Indian Bank, Malhipur

IFSC code IDIB000M585 belongs to the Malhipur branch of Indian Bank in Begusarai, Bihar. Its MICR code is 851019105.

IFSC
IDIB000M585
MICR
851019105
Bank
Indian Bank
Branch
Malhipur
District
Begusarai
State
Bihar
Phone
+918948359595

Branch address

Indian Bank
Nr TN High School Vill Malhipur PO Shaligrami Malhipur Shaligrami PIN 851217

Open in a map · Pincode 851217: 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 00M585 is the code of the Malhipur branch. In the MICR code 851019105, 851 is the city, 019 the bank and 105 the branch.

Other Indian Bank branches in Begusarai

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 Malhipur branch (Begusarai, Bihar) is IDIB000M585.

  2. 851019105. MICR is printed at the bottom of the branch's cheques.

  3. Nr TN High School Vill Malhipur PO Shaligrami Malhipur Shaligrami PIN 851217

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M585 with the beneficiary's account number.

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