Indian Bank SIMGA Branch IFSC Code

IDIB 000S701
Indian Bank Logo Indian Bank
SIMGA — BALODABAZAR, CHHATTISGARH
MICR: 492019014 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
SIMGA
IFSC Code
IDIB000S701
MICR Code
492019014
Address
BHONSLE COMPLEX TILDA ROAD SIMGA SIMGA PIN 493101
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City
BALODABAZAR
District
SIMGA
State
CHHATTISGARH
Contact
+918233592958

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000S701 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 IDIB000S701.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000S701.

IFSC Code Structure

I
D
I
B
0
0
0
S
7
0
1
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00S701 — Branch code (SIMGA)

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Frequently Asked Questions

Is IDIB000S701 valid for online transfer?
Yes, IDIB000S701 is a valid IFSC code for Indian Bank SIMGA branch in BALODABAZAR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000S701 belong to?
IDIB000S701 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 SIMGA is 492019014. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000S701?
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.