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Indian Financial System Code (IFSC) and Magnetic Ink Character Recognition Code (MICR) are required by all Indian Bank customers to transfer funds online and conduct other similar financial transactions. All banks in India receive these codes from the Reserve Bank of India to facilitate smooth fund transfers. It is mandatory that you provide the IFSC code in order to complete any type of NEFT, RTGS, or IMPS transaction between banks or within banks. Let's take a look at what an Indian Bank IFSC code number means.

Indian Bank IFSC Code

The IFSC code is an 11-digit code that consists of alphabets and numerals used by banks and other financial institutions to expedite cash transactions. If you have an account in Indian Bank, and you wish to conduct a fund transfer online, you are required to provide an Indian Bank IFSC code number.

This 11-digit code is broken down into three sections. Let's look at an example:

The Indian Bank IFSC code for J P Nagar branch in Bangalore, Karnataka is IDIB000J028.

  • The name of the bank is represented by the first four letters IDIB.

  • The fifth character is zero.

  • The last six numbers are used to identify the branch code in J P Nagar, Bangalore.

About Indian Bank

As one of the top public sector banks, Indian Bank was founded in the early 1900s. Its headquarter is in Chennai. It offers a wide range of financial services to its customers, including savings accounts, fixed deposits, recurring deposits, loans, private banking, investment banking, and credit cards, among others. On 1st April 2020, the bank merged with Allahabad Bank after making it the seventh-largest bank in the country.

How to Find the Indian Bank IFSC Code and Indian Bank MICR Code Online?

You can find the codes both online and offline. You can know your codes online by accessing the bank’s official website and following these steps:


Step 1:Select the Indian Bank Branch.


Step 2: In the next step, select the name of the state and district where the bank is located.


Step 3: Lastly, choose the area of the Indian Bank branch.


Step 4: The Indian Bank IFSC code for the particular branch will then be available on your screen.


Step 5: You may also visit the RBI website to discover the codes.


Step 6: Another option is to use any third-party search engines to find the IFSC and MICR codes.

How to Find Indian Bank IFSC Code and MICR Code Offline?

  • Both codes are available on the passbook as well as the chequebook of Indian Bank. The Indian Bank IFSC code number is visible on the top of the chequebook leaflet.

  • The Indian Bank MICR code can be found on the bottom of the chequebook leaflet as well as the bank passbook.

How to Transfer Money via Indian Bank through NEFT?

National Electronic Funds Transfer or NEFT is one of the safest and most efficient methods of sending money. Here are the steps to follow for doing transactions.

Step 1: Log in to your Indian Bank net banking account


Step 2: From the ‘Payments & Transfers’ menu, choose 'Fund Transfer.'


Step 3: You must add the person as a beneficiary in order to transfer the funds.


Step 4: After that, you must enter information about the beneficiary, such as their name, bank account information, and IFSC code.


Step 5: An OTP will be sent to your registered mobile number to verify and add the beneficiary


Step 6: In a few minutes/hours, the newly added beneficiary will be activated, and you can enter the amount to be transferred to their account via NEFT


Step 7: It is to be noted that NEFT transactions are carried out between 8 am – 7 pm on all weekdays and 8 am – 1 pm on Saturdays

How to Transfer Money via Indian Bank through RTGS?

  • RTGS is a very safe and super convenient way to transfer high-value amounts, i.e. a minimum of Rs 2 Lakhs, and there is no maximum limit. For an RTGS to be completed, the name of the customer, bank and branch details, IFSC code, account number, and amount are required.

  • For customer transactions, the RTGS timings are 8:00 am – 4:30 pm on weekdays, and 8:00 am – 2:00 pm on Saturdays. For Inter-Bank transactions, the RTGS timings are 8:00 am – 7:45 pm on weekdays, and 8:00 am – 3:00 pm on Saturdays

How to Transfer Money via Indian Bank through IMPS?

Immediate Payment Service or IMPS is available 24*7 to use by an Indian Bank customer. Following are the steps to follow for an IMPS transaction:


Step 1: Log in to your net banking account using your ID and password.


Step 2: Go to the ‘Fund Transfer’ menu and choose ‘IMPS’ as a payment option.


Step 3: Provide bank and personal details of the beneficiary like bank account number and IFSC code along with the amount you wish to transfer to complete the transaction.

Information Required for Transferring Funds with Indian Bank

Typically, to transfer funds from one Indian Bank account to another account, you will need information like the beneficiary’s name, bank account number and branch details, IFSC code, and the amount you wish to transfer to the beneficiary.

FAQs on Indian Bank IFSC Code

  • ✔️How can I know my Indian Bank IFSC code?

    Indian Bank IFSC number can be found on the bank's website or by using any search engine. You can also find the information offline by looking at the Indian Bank passbook or chequebook.

  • ✔️How can I find the IFSC code of my account?

    You can take a look at the 1st page of the bank's passbook or the top of any cheque book leaflet to find the Indian Bank IFSC code of your account. You can also find it online by searching for it on the bank's website or by using any search engine.

  • ✔️Is the IFSC code and CIF number the same?

    IFSC or the Indian Financial System Code is an 11 digit alphanumeric code, whereas CIF stands for Customer Information File and is an 11 digit code made up of numbers only. Hence IFSC and CIF numbers are not the same as CIF is unique to each customer, whereas every bank branch has a unique IFSC code.

  • ✔️Can we find the Indian Bank IFSC code by account number?

    Yes, you can find your IFSC code using your account number and the branch’s name.

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