Indian Bank M.P.HOUSING BOARD PARYAVAS BHAWAN BHO Branch IFSC Code

IDIB 000M502

Indian Bank

M.P.HOUSING BOARD PARYAVAS BHAWAN BHO — BHOPAL, MADHYA PRADESH

MICR: 462019016 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank: Indian Bank
Branch: M.P.HOUSING BOARD PARYAVAS BHAWAN BHO
IFSC Code: IDIB000M502
MICR Code: 462019016
Address: PARYAVAS BHAWAN JAIL ROAD ARERA HILLS ARERA HILLS BHOPAL PIN 462011
City: BHOPAL
District: ARERA HILLS
State: MADHYA PRADESH
Contact: +917552766727

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000M502 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 IDIB000M502.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M502.

IFSC Code Structure

IDIB — Bank code (Indian Bank)
0 — Reserved (always 0)
00M502 — Branch code (M.P.HOUSING BOARD PARYAVAS BHAWAN BHO)

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Frequently Asked Questions

Is IDIB000M502 valid for online transfer?

Yes, IDIB000M502 is a valid IFSC code for Indian Bank M.P.HOUSING BOARD PARYAVAS BHAWAN BHO branch in BHOPAL, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.

What bank does IDIB000M502 belong to?

IDIB000M502 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 M.P.HOUSING BOARD PARYAVAS BHAWAN BHO is 462019016. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.

Can I do RTGS using IDIB000M502?

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.