Select Branch for Indian Bank in Mumbai, Maharashtra

Choose a branch to view IFSC code and details

Branch
Andheri D N Nagar

IDIB000A226

FIRST FLOOR B WING 101-NEO VIKRAM CHSL SAHAKAR ROAD NEW LINK ROAD ANDHERI WEST MUMBAI-400058
Branch
Bandra Kurla Complex

IDIB000B845

SHOP NO 1 GROUND FLOOR KANAKIA PARIS F BLOCK BANDRA KURLA COMPLEX BANDRA EAST PIN 400051
Branch
Chakala

IDIB000C161

14 MEHTA INDUSTRIAL ESTATE NEAR W E H METRO STATION ANDHERI KURLA ROAD ANDHERI EAST) PIN 400093
Branch
Chinchani

IDIB000C237

SHOP 5-8 LAXMI NIWAS,CHINCHANI,TALUKA,DAHANU,DIST-PALGHAR,MAHARASHTRA
Branch
Cms Hub Mumbai

IDIB000C656

UNITED INDIA BUILDING, SIR PM ROAD, FORT MUMBAI
Branch
Cms Unit Mumbai

IDIB0CMSV07

SIR P M ROAD UNITED INDIA BUILDING FORT
Branch
Dadar

IDIB000D001

RADHAKRISHNA NIWAS 1112 LIBRARY LANE N C KELKAR ROAD DADAR WEST DADAR PIN 400028
Branch
Dindoshi

IDIB000D072

SHOP 3839 1ST FLOOR RAJNIGANDHA SHOPPING CENTRE OPP KRISHNA VATIKA MANDIR GOKULDHAM GOREGAON EAST PIN 400063
Branch
Fxpc Mumbai

IDIB000R661

T-4, World Trade Centre, The Arcade, Cuffe Parade, Mumbai
Branch
Goregaon East

IDIB000G105

SHOP NO 8 TO 12 CORPORATE AVENUE PLOT NO 488/1 SONAWALA MAIN ROAD NEAR UDYOG BHAVAN GOREGAON EAST PIN 400063
Branch
Iraniwadi

IDIB000I018

SHOP No 2 8 GR FLOOR FOGLA HOUSEHEMU KALANI ROAD NO2 IRANIWADI NO 2 KANDIVALI WEST PIN 400067
Branch
Juhu Vile Parle

IDIB000J628

PLOT NOA2 GHAZAL MODEL COOP HSG SOCIETY VILLE PARLE WEST GULMOHAR ROAD MUMBAI JUHU PIN 400049
Branch
Kandevali East

IDIB000M765

LAXMI SADAN OPPOSITE THAKUR PUBLIC SCHOOLTHAKUR VILLAGEKANDIVALI E)MUMBAI400101 LAXMI SADAN STREET THAKUR VILLAGE KANDIVALI EAST PIN 400101
Branch
Kandivli East

IDIB000K161

Shop No6066JupiterBuilding No9 Evershine Millenium Paradise Thakur Village Kandivali East PIN 400101
Branch
Mahakali Caves Road

IDIB000M198

Shop No1 2 Paras Palace Mahakali Caves Road Andheri East ) PIN 400093
Branch
Malad

IDIB000M009

104 GALA COMPLEX 1ST FLOOR ABOVE BATA SHOWROOM SAINATH ROAD PIN 400064
Branch
Malad East

IDIB000M202

SHOP NO4SHAH ARCADE II RANI SATI MARG NEAR WESTERN EXP HIGHWAY MALAD EAST PIN 400097
Branch
Mulund

IDIB000M059

Ground Floor Hari Om Plaza Opp Old Sampson English School R H B Road Mulund West) Mulund West) PIN 400080
Branch
Mumbai Fort

IDIB000F523

37 MUMBAI SAMACHAR MARG POST BOX NO 282 MUMBAI SAMACHAR MARG ALLAHABAD BANK BUILDING OLD CUSTOM HOUSE PIN 400023
Branch
Nepean Sea Road

IDIB000N034

DOLAT NIKETAN GROUND FLOOR 37B BG KHER MARG RIDGE ROAD WALKESHWAR PIN 400006
Branch
Prabhadevi

IDIB000P079

Ground Floor Aman Chambers Veer Savarkar Marg Near Gammon HouseoppDatta Mandir Prabhadevi PIN 400025
Branch
Prarthana Samaj

IDIB000P049

Vijay Chambers 1st Floor Tribhuvan Road Opp Dreamland Cinema Grant Road East PIN 400004
Branch
Sion Circle

IDIB000S314

Shop No 1014 Satyam Sivam Sundaram CHS Opposite PVR Cinema Sion Circle Sion Mumabi PIN 400022
Branch
The Naval Dockyard Co-op Bank Ltd

IDIB0CBMHND

NAVAL DOCKYARD LION GATE FORT MUMBAI-400023
Branch
Treasury Branch

IDIB000C101

1st FLOOR ALLAHABAD BANK BUILDING 37 MUMBAI SMACHAR MARG FORT PIN 400023
Branch
Ulwe Sector Ninteen

IDIB000U044

SHOP NO 123, SAIPRIDE PLOT NO153, SECTOR 19, ULWE, NAVI MUMBAI
Branch
Versova

IDIB000V106

19 20 21 POSEIDON BUILDING OFF YARIROAD NEAR RAJ CLASSIC VERSOVA PIN 400061
Branch
Vile Parle

IDIB000V021

325 Gitanjali Arcade 1st Floor Nehru Road Vile Parle East) PIN 400057
Branch
Vile Parle West

IDIB000V096

101106 FIRST FLOOR HEMU ARCADE OPP RAILWAY STATION VILE PARLE WEST) PIN 400056

What are Indian Bank IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Indian Bank IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Indian Bank IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Indian Bank Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Indian Bank Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

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