Indian Bank BALOD Branch IFSC Code

IDIB 000B581
Indian Bank Logo Indian Bank
BALOD — BALOD, CHHATTISGARH
MICR: 491019008 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
BALOD
IFSC Code
IDIB000B581
MICR Code
491019008
Address
NEAR DURGA MANDIR MAIN ROAD GANJPARA BALOD PIN 491226
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City
BALOD
District
GANJPARA
State
CHHATTISGARH
Contact
+919040140034

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000B581 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 IDIB000B581.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000B581.

IFSC Code Structure

I
D
I
B
0
0
0
B
5
8
1
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00B581 — Branch code (BALOD)

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Frequently Asked Questions

Is IDIB000B581 valid for online transfer?
Yes, IDIB000B581 is a valid IFSC code for Indian Bank BALOD branch in BALOD, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000B581 belong to?
IDIB000B581 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 BALOD is 491019008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000B581?
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.