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Indian Bank · Ratlam

IDIB000R615: Indian Bank, Ratlam

IFSC code IDIB000R615 belongs to the Ratlam branch of Indian Bank in Ratlam, Madhya Pradesh. Its MICR code is 457019003.

IFSC
IDIB000R615
MICR
457019003
Bank
Indian Bank
Branch
Ratlam
District
Ratlam
State
Madhya Pradesh
Phone
+919079901631

Branch address

Indian Bank
44580 Palace Mall Palace Road Surajpole Near Mahalwara Ratlam PIN 457001

Open in a map · Pincode 457001: 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 00R615 is the code of the Ratlam branch. In the MICR code 457019003, 457 is the city, 019 the bank and 003 the branch.

Other Indian Bank branches in Ratlam

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 Ratlam branch (Ratlam, Madhya Pradesh) is IDIB000R615.

  2. 457019003. MICR is printed at the bottom of the branch's cheques.

  3. 44580 Palace Mall Palace Road Surajpole Near Mahalwara Ratlam PIN 457001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000R615 with the beneficiary's account number.

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