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Indian Bank · Surat

IDIB000V150: Indian Bank, Varachha

IFSC code IDIB000V150 belongs to the Varachha branch of Indian Bank in Surat, Gujarat. Its MICR code is 395019012.

IFSC
IDIB000V150
MICR
395019012
Bank
Indian Bank
Branch
Varachha
District
Surat
State
Gujarat

Branch address

Indian Bank
801a Ground Floor Mohan Nagar Bldg Nr Jeevan Dhara Hotel Geetanjali Chok Varachha Road PIN 395006

Open in a map · Pincode 395006: 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 00V150 is the code of the Varachha branch. In the MICR code 395019012, 395 is the city, 019 the bank and 012 the branch.

Other Indian Bank branches in Surat

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 Varachha branch (Surat, Gujarat) is IDIB000V150.

  2. 395019012. MICR is printed at the bottom of the branch's cheques.

  3. 801a Ground Floor Mohan Nagar Bldg Nr Jeevan Dhara Hotel Geetanjali Chok Varachha Road PIN 395006

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000V150 with the beneficiary's account number.

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