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Indian Bank · Prakasam

IDIB000S068: Indian Bank, Sakhavaram

IFSC code IDIB000S068 belongs to the Sakhavaram branch of Indian Bank in Prakasam, Andhra Pradesh. Its MICR code is 523019095.

IFSC
IDIB000S068
MICR
523019095
Bank
Indian Bank
Branch
Sakhavaram
District
Prakasam
State
Andhra Pradesh
Phone
+918897023952

Branch address

Indian Bank
Sakhavaram Via Pokurkandukuru Sakhavaram Post) Valeti Varipalem Mandal PIN 523113

Open in a map · Pincode 523113: 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 00S068 is the code of the Sakhavaram branch. In the MICR code 523019095, 523 is the city, 019 the bank and 095 the branch.

Other Indian Bank branches in Prakasam

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 Sakhavaram branch (Prakasam, Andhra Pradesh) is IDIB000S068.

  2. 523019095. MICR is printed at the bottom of the branch's cheques.

  3. Sakhavaram Via Pokurkandukuru Sakhavaram Post) Valeti Varipalem Mandal PIN 523113

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000S068 with the beneficiary's account number.

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