Indian Bank GAYATRINAGAR MALKAJGIRI Branch IFSC Code

IDIB 000M587
Indian Bank Logo Indian Bank
GAYATRINAGAR MALKAJGIRI — HYDERABAD, TELANGANA
MICR: 500019075 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
GAYATRINAGAR MALKAJGIRI
IFSC Code
IDIB000M587
MICR Code
500019075
Address
42482/53/A SEETHARAMA NILAYAM GAYATRINAGAR LANE BESIDE RADHIKA THEATRE MOULALI PIN 500040
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City
HYDERABAD
District
HYDERABAD
State
TELANGANA
Contact
+917995077902

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000M587 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 IDIB000M587.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M587.

IFSC Code Structure

I
D
I
B
0
0
0
M
5
8
7
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00M587 — Branch code (GAYATRINAGAR MALKAJGIRI)

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Frequently Asked Questions

Is IDIB000M587 valid for online transfer?
Yes, IDIB000M587 is a valid IFSC code for Indian Bank GAYATRINAGAR MALKAJGIRI branch in HYDERABAD, TELANGANA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000M587 belong to?
IDIB000M587 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 GAYATRINAGAR MALKAJGIRI is 500019075. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000M587?
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.