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RBL Bank · SPSR Nellore

RATN0000566: RBL Bank, Nellore

IFSC code RATN0000566 belongs to the Nellore branch of RBL Bank in SPSR Nellore, Andhra Pradesh. Its MICR code is 524176002.

IFSC
RATN0000566
MICR
524176002
Bank
RBL Bank
Branch
Nellore
District
SPSR Nellore
State
Andhra Pradesh

Branch address

RBL Bank
RBL Bank Ltd, 24/7/15, Magunta Layout, Opposite More Super Market, Nellore, Andhra Pradesh - 524 003

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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

RATN is RBL Bank's bank code, the fifth character 0 is kept for future use, and 000566 is the code of the Nellore branch. In the MICR code 524176002, 524 is the city, 176 the bank and 002 the branch.

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 RBL Bank's Nellore branch (SPSR Nellore, Andhra Pradesh) is RATN0000566.

  2. 524176002. MICR is printed at the bottom of the branch's cheques.

  3. RBL Bank Ltd, 24/7/15, Magunta Layout, Opposite More Super Market, Nellore, Andhra Pradesh - 524 003

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC RATN0000566 with the beneficiary's account number.

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