Indian Bank, VADGAON BUDRUK, PUNE Branch IFSC Code

The IFSC code IDIB000V104 is assigned to Indian Bank, VADGAON BUDRUK located in PUNE, MAHARASHTRA. 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 IDIB000V104
MICR Code 411019014
Branch Code 00V104
Branch VADGAON BUDRUK
City PUNE
District VADGAON BUDRUK
State MAHARASHTRA
Address SNO 55 HNO 5/1/1/1 VASUNDHARA VALAY VADGAON BUDRUK NEAR NAWLE BRIDGE PIN 411041 Maps
Contact +919923592766

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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)
00V104 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.

411 City Code
019 Bank Code
014 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 IDIB000V104 is the Indian Financial System Code assigned to Indian Bank, VADGAON BUDRUK branch in PUNE, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PUNE, VADGAON BUDRUK, MAHARASHTRA. The full address is: SNO 55 HNO 5/1/1/1 VASUNDHARA VALAY VADGAON BUDRUK NEAR NAWLE BRIDGE PIN 411041

The branch code is 00V104. 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 411019014. 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: IDIB000V104
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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