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Indian Bank · Pondicherry

IDIB000M203: Indian Bank, Madagadipet

IFSC code IDIB000M203 belongs to the Madagadipet branch of Indian Bank in Pondicherry, Puducherry. Its MICR code is 605019062.

IFSC
IDIB000M203
MICR
605019062
Bank
Indian Bank
Branch
Madagadipet
District
Pondicherry
State
Puducherry
Phone
+914132640964

Branch address

Indian Bank
R S No 2/3b Pondy Villupuram Main Road Madagadipet Madagadipet PIN 605107

Open in a map · Pincode 605107: 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 00M203 is the code of the Madagadipet branch. In the MICR code 605019062, 605 is the city, 019 the bank and 062 the branch.

Other Indian Bank branches in Pondicherry

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 Madagadipet branch (Pondicherry, Puducherry) is IDIB000M203.

  2. 605019062. MICR is printed at the bottom of the branch's cheques.

  3. R S No 2/3b Pondy Villupuram Main Road Madagadipet Madagadipet PIN 605107

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M203 with the beneficiary's account number.

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