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Indian Bank · Balaghat

IDIB000D523: Indian Bank, Damoh Balaghat

IFSC code IDIB000D523 belongs to the Damoh Balaghat branch of Indian Bank in Balaghat, Madhya Pradesh. Its MICR code is 481019004.

IFSC
IDIB000D523
MICR
481019004
Bank
Indian Bank
Branch
Damoh Balaghat
District
Balaghat
State
Madhya Pradesh
Phone
+919479105040

Branch address

Indian Bank
Vill PO Damoh Tehsil Baihar Dist Balaghat 481 051 PIN 481051

Open in a map · Pincode 481051: 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 00D523 is the code of the Damoh Balaghat branch. In the MICR code 481019004, 481 is the city, 019 the bank and 004 the branch.

Other Indian Bank branches in Balaghat

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 Damoh Balaghat branch (Balaghat, Madhya Pradesh) is IDIB000D523.

  2. 481019004. MICR is printed at the bottom of the branch's cheques.

  3. Vill PO Damoh Tehsil Baihar Dist Balaghat 481 051 PIN 481051

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000D523 with the beneficiary's account number.

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