Indian Bank VALSAD Branch IFSC Code

IDIB 000V059
Indian Bank Logo Indian Bank
VALSAD — VALSAD, GUJARAT
MICR: 396019001 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
VALSAD
IFSC Code
IDIB000V059
MICR Code
396019001
Address
APEXA COMPLEX OPP BAI AVABAI SCHOOL HALAR ROAD NEAR SBI BANK STATION ROAD VALSAD PIN 396001
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City
VALSAD
District
VALSAD
State
GUJARAT
Contact
+912632242736

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000V059 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 IDIB000V059.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000V059.

IFSC Code Structure

I
D
I
B
0
0
0
V
0
5
9
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00V059 — Branch code (VALSAD)

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Frequently Asked Questions

Is IDIB000V059 valid for online transfer?
Yes, IDIB000V059 is a valid IFSC code for Indian Bank VALSAD branch in VALSAD, GUJARAT. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000V059 belong to?
IDIB000V059 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 VALSAD is 396019001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000V059?
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.