Indian Bank, SPECIALISED MSME BRANCH RAIPUR, RAIPUR Branch IFSC Code

The IFSC code IDIB000S343 is assigned to Indian Bank, SPECIALISED MSME BRANCH RAIPUR located in RAIPUR, CHHATTISGARH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Indian Bank
IFSC Code IDIB000S343
Branch Code 00S343
Branch SPECIALISED MSME BRANCH RAIPUR
City RAIPUR
District RAIPUR
State CHHATTISGARH
Address SHANKAR NAGAR ZONE3, SECTOR 1, AVANTI VIHAR MAIN ROAD,RAIPUR Maps
Contact +918457093149

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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)
00S343 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.

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 IDIB000S343 is the Indian Financial System Code assigned to Indian Bank, SPECIALISED MSME BRANCH RAIPUR branch in RAIPUR, CHHATTISGARH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in RAIPUR, RAIPUR, CHHATTISGARH. The full address is: SHANKAR NAGAR ZONE3, SECTOR 1, AVANTI VIHAR MAIN ROAD,RAIPUR

The branch code is 00S343. 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

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: IDIB000S343
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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