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Indian Bank · Ranchi

IDIB000R371: Indian Bank, Ratu

IFSC code IDIB000R371 belongs to the Ratu branch of Indian Bank in Ranchi, Jharkhand. Its MICR code is 835019003.

IFSC
IDIB000R371
MICR
835019003
Bank
Indian Bank
Branch
Ratu
District
Ranchi
State
Jharkhand

Branch address

Indian Bank
Kathitand Chowk,Block Road,Ratu,Ranchi

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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 00R371 is the code of the Ratu branch. In the MICR code 835019003, 835 is the city, 019 the bank and 003 the branch.

Other Indian Bank branches in Ranchi

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 Ratu branch (Ranchi, Jharkhand) is IDIB000R371.

  2. 835019003. MICR is printed at the bottom of the branch's cheques.

  3. Kathitand Chowk,Block Road,Ratu,Ranchi

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000R371 with the beneficiary's account number.

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