Indian Bank, ELECTRONIC CITY PHASE TWO, BANGALORE Branch IFSC Code

The IFSC code IDIB000E049 is assigned to Indian Bank, ELECTRONIC CITY PHASE TWO located in BANGALORE, KARNATAKA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Indian Bank
IFSC Code IDIB000E049
MICR Code 560019666
Branch Code 00E049
Branch ELECTRONIC CITY PHASE TWO
City BANGALORE
District BANGALORE
State KARNATAKA
Address 110 & 112, GROUND FLOOR, VIJAY ICON APARTMENT, ANANTH NAGAR ROAD, ELECTRONIC CITY PAHSE 2, BANGALORE 560100 Maps
Contact +919632021298

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IDIB Bank Code
0 Reserved (0)
00E049 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

560 City Code
019 Bank Code
666 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IDIB000E049 is the Indian Financial System Code assigned to Indian Bank, ELECTRONIC CITY PHASE TWO branch in BANGALORE, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BANGALORE, BANGALORE, KARNATAKA. The full address is: 110 & 112, GROUND FLOOR, VIJAY ICON APARTMENT, ANANTH NAGAR ROAD, ELECTRONIC CITY PAHSE 2, BANGALORE 560100

The branch code is 00E049. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Indian Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 560019666. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IDIB000E049
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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