Indian Bank Power House Road Ratlam Branch IFSC Code: IDIB000R054
Branch Code: 00R054 | RATLAM, RATLAM, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for Indian Bank, Power House Road Ratlam branch in RATLAM, MADHYA PRADESH is IDIB000R054. The MICR code for cheque clearance is 457019002.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- POWER HOUSE ROAD RATLAM
- MICR Code
- City / District
- RATLAM (RATLAM)
- State
- MADHYA PRADESH
- Postal Pincode
- 457001
999 SHALIMAR COMPLEX POWER HOUSE ROAD NEAR SAILANA BUS STAND RATLAM PIN 457001, Pincode: 457001
How to Read IFSC Code: IDIB000R054
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.
First 4 alphabetic characters identify Indian Bank.
5th character is always numeral '0', reserved for future use.
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 |
Frequently Asked Questions: Indian Bank (IDIB000R054)
Which bank does IFSC Code IDIB000R054 belong to?
IFSC Code IDIB000R054 belongs to Indian Bank for its POWER HOUSE ROAD RATLAM branch, located in RATLAM, MADHYA PRADESH. The 4-letter prefix 'IDIB' represents Indian Bank.
What is the IFSC Code for Indian Bank POWER HOUSE ROAD RATLAM branch?
The IFSC Code for Indian Bank POWER HOUSE ROAD RATLAM branch in RATLAM, MADHYA PRADESH is IDIB000R054. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank POWER HOUSE ROAD RATLAM branch?
The branch is located at: 999 SHALIMAR COMPLEX POWER HOUSE ROAD NEAR SAILANA BUS STAND RATLAM PIN 457001, Pincode: 457001, RATLAM, MADHYA PRADESH.
What is the MICR Code for Indian Bank POWER HOUSE ROAD RATLAM?
The MICR Code for electronic cheque clearing at Indian Bank POWER HOUSE ROAD RATLAM is 457019002.
How can I contact Indian Bank POWER HOUSE ROAD RATLAM branch?
You can contact the branch at: Phone: +917412235865. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000R054?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00R054' represent the specific POWER HOUSE ROAD RATLAM branch code.
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