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Indian Bank · Durg

IDIB000B048: Indian Bank, Bhilai

IFSC code IDIB000B048 belongs to the Bhilai branch of Indian Bank in Durg, Chhattisgarh. Its MICR code is 490019002.

IFSC
IDIB000B048
MICR
490019002
Bank
Indian Bank
Branch
Bhilai
District
Durg
State
Chhattisgarh
Phone
+917882284117

Branch address

Indian Bank
Plot No 6 B Market Sector 6 Bhilai Bhilai PIN 490006

Open in a map · Pincode 490006: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00B048 is the code of the Bhilai branch. In the MICR code 490019002, 490 is the city, 019 the bank and 002 the branch.

Other Indian Bank branches in Durg

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Bank's Bhilai branch (Durg, Chhattisgarh) is IDIB000B048.

  2. 490019002. MICR is printed at the bottom of the branch's cheques.

  3. Plot No 6 B Market Sector 6 Bhilai Bhilai PIN 490006

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000B048 with the beneficiary's account number.

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