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Indian Bank · Baloda Bazar

IDIB000S701: Indian Bank, Simga

IFSC code IDIB000S701 belongs to the Simga branch of Indian Bank in Baloda Bazar, Chhattisgarh. Its MICR code is 492019014.

IFSC
IDIB000S701
MICR
492019014
Bank
Indian Bank
Branch
Simga
District
Baloda Bazar
State
Chhattisgarh
Phone
+918233592958

Branch address

Indian Bank
Bhonsle Complex Tilda Road Simga Simga PIN 493101

Open in a map · Pincode 493101: 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 00S701 is the code of the Simga branch. In the MICR code 492019014, 492 is the city, 019 the bank and 014 the branch.

Other Indian Bank branches in Baloda Bazar

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 Simga branch (Baloda Bazar, Chhattisgarh) is IDIB000S701.

  2. 492019014. MICR is printed at the bottom of the branch's cheques.

  3. Bhonsle Complex Tilda Road Simga Simga PIN 493101

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000S701 with the beneficiary's account number.

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