Indian Bank BAGALKOT Branch IFSC Code

IDIB 000B531
Indian Bank Logo Indian Bank
BAGALKOT — BAGALKOT, KARNATAKA
MICR: 587019105 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
BAGALKOT
IFSC Code
IDIB000B531
MICR Code
587019105
Address
OPPOSITE CITY BUS STAND BVV SANGHA PREMISES BAGALKOT KARNATAKA 587101 BAGALKOT BAGALKOT BAGALKOT PIN 587101
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City
BAGALKOT
District
BAGALKOT
State
KARNATAKA
Contact
+918354200084

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000B531 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IDIB000B531.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000B531.

IFSC Code Structure

I
D
I
B
0
0
0
B
5
3
1
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00B531 — Branch code (BAGALKOT)

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Frequently Asked Questions

Is IDIB000B531 valid for online transfer?
Yes, IDIB000B531 is a valid IFSC code for Indian Bank BAGALKOT branch in BAGALKOT, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000B531 belong to?
IDIB000B531 belongs to Indian Bank. The first 4 characters "IDIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Bank BAGALKOT is 587019105. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000B531?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.