IDIBBranch Code: 00A556

Indian Bank IFSC Code

OLD COTTON MARKET AKOLA Branch, AKOLA, AKOLA, Maharashtra

Primary IFSC Code

IDIB000A556

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for Indian Bank, OLD COTTON MARKET AKOLA branch in AKOLA, Maharashtra is IDIB000A556. The MICR code for cheque clearance is 444019002.

Branch Fact Sheet & Electronic Routing Details

Bank Name: Indian Bank
Branch Name: OLD COTTON MARKET AKOLA
MICR Code: 444019002
City / District: AKOLA (AKOLA)
State: Maharashtra
Postal Pincode: 444001

Full Branch Address

CHAMBER OF FARMERS OLD COTTON MARKET PIN 444001, Pincode: 444001

Contact Details

Phone: +917242430485

How to Read IFSC Code: IDIB000A556

An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.

IDIBBank Identifier

First 4 alphabetic characters identify Indian Bank.

0Control Character

5th character is always numeral '0', reserved for future use.

00A556Branch Code

Last 6 alphanumeric characters identify the specific physical branch.

Payment Systems Supported by this IFSC Code

Payment System	Settlement Time	Minimum Amount	Availability	Ideal For
NEFT (National Electronic Funds Transfer)	Half-hourly batches	₹1 (No minimum)	24x7x365	Routine bills, small & medium transactions
RTGS (Real Time Gross Settlement)	Real-time instant	₹2,00,000	24x7x365	High-value urgent financial transfers
IMPS (Immediate Payment Service)	Immediate	₹1 (Max ₹5 Lakh)	24x7x365	Instant mobile banking & emergency transfers

Both NEFT and RTGS operate around the clock in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Frequently Asked Questions: Indian Bank (IDIB000A556)

What is the IFSC Code for Indian Bank OLD COTTON MARKET AKOLA branch?

The IFSC Code for Indian Bank OLD COTTON MARKET AKOLA branch in AKOLA, Maharashtra is IDIB000A556. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of Indian Bank OLD COTTON MARKET AKOLA branch?

The branch is located at: CHAMBER OF FARMERS OLD COTTON MARKET PIN 444001, Pincode: 444001, AKOLA, Maharashtra.

What is the MICR Code for Indian Bank OLD COTTON MARKET AKOLA?

The MICR Code for electronic cheque clearing at Indian Bank OLD COTTON MARKET AKOLA is 444019002.

How can I contact Indian Bank OLD COTTON MARKET AKOLA branch?

You can contact the branch at: Phone: +917242430485. For official national customer care, refer to Indian Bank's official banking channels.

How to decipher the IFSC code IDIB000A556?

The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00A556' represent the specific OLD COTTON MARKET AKOLA branch code.