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Indian bank was set up back in 1907 as a public-sector bank with headquarters in Chennai. Back then, it had branches in Singapore and also Colombo. In 1969, the ownership of this state-owned bank was taken over by the Government of India. The bank has two subsidiaries, Indian Bank Housing Ltd. and Indian Bank Merchant Banking Services Ltd. This Indian state-owned bank boasts of nearly 2149 branches across 70 countries today. Its Net Profit in recent times has been nearing a thousand crores at least.

Indian Bank IFSC Code comes into the picture since, with the help of this code, various facilities like internet banking can be offered to Indian Bank account holders. IFSC code makes an electronic transfer of money very easy and fast. IFSC stands for Indian Financial System Code. This code is given by the Reserve Bank of India (RBI) to all banks across the country. This 11-digit code can be found on the leaves of any cheque book of Indian Bank. It can also be found on the bank’s passbook and is available on their website for reference.

IFSC uniquely demarcates the bank branches spread across the nation and is especially needed while transferring money using NEFT and RTGS. The IFSC code is unique for each of the branches of Indian Bank. As an example, the IFSC code of Khandsa Road (Gurgaon) branch of the bank is IDIB000K192 and the IFSC code of Wazirpur (Gurgaon) branch of Indian Bank is IDIB000W015.

Indian Bank IFSC Code

Indian Bank IFSC Code is designed as a unique 11-digit numeric representation designed using a combination of alphabets and numbers. The main purpose and use of IFSC is for any fund transfer requirements. IFSC Code of Indian Bank helps to identify the source and the receiving destination of financial institutions while making fund transfer.

Need for Indian Bank IFSC Code
Indian Bank IFSC Code is a crucial part of the fund transfer process since it helps account holders to ensure that there are no mistakes while transferring funds. Indian Bank IFSC lets the RBI keep a track of all transactions that are being done across the nation.
How to transfer funds using IFSC codes?
When it comes to funding transfer, IFSC code is essential since various payment systems like NEFT, RTGS, and IMPS require the same. Fund transfer is possible only when the IFSC code is available. Let’s look at each of the payment mechanisms and how IFSC code is used in each:
NEFT, also known as, National Electronic Funds Transfer is a fund transfer mechanism which is set up on the Deferred Net Settlement (DNS). Herein funds can be transferred across the country at any time during the day.
Under NEFT, funds transfer is done in half-hourly batches.
There is no limit set for a maximum and minimum value of fund transfer.
The bank branches of the transferor and the recipient must be NEFT-enabled for the process of fund transfer to take place.
RTGS or Real Time Gross Settlement is another fund transfer mechanism in which the funds can be transferred on a real-time basis.
Fund transfer is done on a gross basis.
There is a minimum limit for fund transfer under RTGS, which is Rs. 2 lakhs.
The bank branches of the transferor and the beneficiary must be NEFT-enabled for the transaction to complete.
IMPS or Immediate Payment System is an interbank fund transfer mechanism which is also real-time. Under this, funds can be transferred 24*7 365 days of the year.
A maximum limit for fund transfer is set under IMPS at Rs. 2 lakhs. There is no minimum requirement.

Locating Indian Bank IFSC Code

If you wish to find out ways of locating the IFSC code of Indian Bank, here are some of the few easy alternatives:

  • Indian Bank Cheque Book: IFSC Code is usually printed on the top section of a cheque leaf.
  • Indian Bank Passbook: Passbook is another option to be used for getting the IFSC of Indian Bank.
  • Indian Bank Netbanking/Mobile Banking: You can log in into the Indian Bank Netbanking section of the official website or use the Mobile Banking App for finding out IFSC codes of the bank.

Understanding MICR Code

MICR code is a unique 9-digit number which can be found in any Indian Bank account’s cheque book. MICR is mainly used for faster processing of cheques.

Examples of MICR Code - 

  • MICR Code of Indian Bank for Digboi Branch, Assam - 786019003
  • MICR Code of Indian Bank for Gaya Branch, Bihar - 823019096

Understanding Swift Code

SWIFT is a worldwide network which sends and receives financial transaction-related information across the world. Indian Bank SWIFT code acts as a unique identifier which comes in the Bank Identifier Code (BIC) format. It is essential while making international fund transfers. This code allows banks to communicate messages related to international transfers.

Where to find Indian Bank Swift Code?

You can reach out to the Customer Care Department of Indian Bank if you need to use Swift code for international funds transfer.

Demystifying IFSC, MICR, and Swift Code


  • Indian Financial System Code
  • Unique identification code for electronic funds transfer through NEFT, RTGS and IMPS
  • 11 alphanumeric characters


  • Magnetic Ink Character Recognition
  • Uses magnetic ink and allows quick processing of a multiple cheques
  • 9-digits


  • Society for Worldwide Interbank Financial Telecommunication
  • Helps in faster identification of the financial institution to mainly make international transfers easy
  • 8 to 11 characters


1. How do I locate an Indian Bank branch nearest to me using IFSC Code?

Indian Bank IFSC Code is made up of 11 characters in which:

  • First four characters represent the bank name
  • The last six characters are for the branch information
  • The fifth character is zero
  • Thus, with the help of the last six digits, you can easily locate the nearest bank branch.

2. How can I locate Indian Bank IFSC Code using an account number?

Account-holders will not be able to search Indian Bank IFSC code with the account number. IFSC Code can be searched through the bank’s net banking portal or by using the mobile banking app.

3. Will an Indian Bank Credit Card contain IFSC Code?

No, credit or debit cards do not have IFSC Code.

4. What is the CIF Number for Indian Bank?

Indian Bank Customer Information File, also known as CIF, is made up of 11-digits. This is used by the bank for decoding information related to existing customers specifically around loans, Demat accounts and KYC. The 11-digit code is unique and assigned to each bank holder.

5. What is BSR Code?

BSR Code stands for Basic Statistical Returns code. This is a 11-digit code provided by the RBI to all banks across India. It helps to maintain records of all the online transactions and sends alerts to the income tax department for major payments done through banks.

6. How do I find the branch code for an Indian Bank branch?

The Indian Bank IFSC Code contains the first 4 characters which are representative of the bank code. The fifth character is 0 and the last 6 characters represent the branch. Hence, you can find the Indian Bank Branch code using the last 6 characters.

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