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Indian Bank · Raichur

IDIB000R001: Indian Bank, Raichur

IFSC code IDIB000R001 belongs to the Raichur branch of Indian Bank in Raichur, Karnataka. Its MICR code is 584019002.

IFSC
IDIB000R001
MICR
584019002
Bank
Indian Bank
Branch
Raichur
District
Raichur
State
Karnataka
Phone
+918532235976

Branch address

Indian Bank
104100 Gunj Road Makthalpet Raichur PIN 584102

Open in a map · Pincode 584102: 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 00R001 is the code of the Raichur branch. In the MICR code 584019002, 584 is the city, 019 the bank and 002 the branch.

Other Indian Bank branches in Raichur

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 Raichur branch (Raichur, Karnataka) is IDIB000R001.

  2. 584019002. MICR is printed at the bottom of the branch's cheques.

  3. 104100 Gunj Road Makthalpet Raichur PIN 584102

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000R001 with the beneficiary's account number.

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