IFSC Code Details

Indian Bank Raisen IFSC Code IDIB000R523

Q: Can I use this IFSC code for NEFT, RTGS, and IMPS?

Yes, the IFSC code IDIB000R523 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

INDIAN BANK

Branch

RAISEN

NEFT RTGS IMPS

IFSC CODE

IDIB000R523

INDIAN BANK - RAISEN Details

Bank Name	INDIAN BANK
IFSC Code	IDIB000R523 Use for NEFT, RTGS, IMPS
MICR Code	464019001
Branch Name	RAISEN
Address	PLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551
City	RAISEN
District	RAISEN
State	MADHYA PRADESH
Contact Number	6260387066

About INDIAN BANK in RAISEN

Looking for the IFSC Code of INDIAN BANK, RAISEN branch? The code is IDIB000R523.

This branch is situated at PLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551 in RAISEN district of MADHYA PRADESH.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to INDIAN BANK RAISEN branch, you need to provide the beneficiary's account number and this IFSC code (IDIB000R523) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code IDIB000R523 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

Indian Bank Raisen IFSC Code IDIB000R523

INDIAN BANK - RAISEN Details

About INDIAN BANK in RAISEN

Frequently Asked Questions

What is an IFSC Code?

How do I use the IFSC Code IDIB000R523?

What is the difference between IFSC and MICR code?

Can I use this IFSC code for NEFT, RTGS, and IMPS?

Where can I find the IFSC code on my cheque book?

Is it safe to share my IFSC code?

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INDIAN BANK in RAISEN