Indian Bank RAISEN Branch IFSC Code
IDIB 000R523
Indian Bank RAISEN — RAISEN, MADHYA PRADESH
MICR: 464019001
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Bank
- Branch
- RAISEN
- IFSC Code
- IDIB000R523
- MICR Code
- 464019001
- City
- RAISEN
- District
- RAISEN
- State
- MADHYA PRADESH
- Contact
- +916260387066
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IDIB000R523 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 IDIB000R523.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000R523.
IFSC Code Structure
I
D
I
B
0
0
0
R
5
2
3
- IDIB — Bank code (Indian Bank)
- 0 — Reserved (always 0)
- 00R523 — Branch code (RAISEN)
Frequently Asked Questions
Is IDIB000R523 valid for online transfer?
Yes, IDIB000R523 is a valid IFSC code for Indian Bank RAISEN branch in RAISEN, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000R523 belong to?
IDIB000R523 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 RAISEN is 464019001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000R523?
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.