IDIBBranch Code: 00R523

Indian Bank IFSC Code

RAISEN Branch, RAISEN, RAISEN, MADHYA PRADESH

Primary IFSC Code

IDIB000R523

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

The official Indian Financial System Code (IFSC) for Indian Bank, RAISEN branch in RAISEN, MADHYA PRADESH is IDIB000R523. The MICR code for cheque clearance is 464019001.

Branch Fact Sheet & Electronic Routing Details

Bank Name: Indian Bank
Branch Name: RAISEN
MICR Code: 464019001
City / District: RAISEN (RAISEN)
State: MADHYA PRADESH
Postal Pincode: 464551

Full Branch Address

PLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551, Pincode: 464551

Contact Details

Phone: +916260387066

How to Read IFSC Code: IDIB000R523

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.

00R523Branch 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 (IDIB000R523)

What is the IFSC Code for Indian Bank RAISEN branch?

The IFSC Code for Indian Bank RAISEN branch in RAISEN, MADHYA PRADESH is IDIB000R523. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of Indian Bank RAISEN branch?

The branch is located at: PLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551, Pincode: 464551, RAISEN, MADHYA PRADESH.

What is the MICR Code for Indian Bank RAISEN?

The MICR Code for electronic cheque clearing at Indian Bank RAISEN is 464019001.

How can I contact Indian Bank RAISEN branch?

You can contact the branch at: Phone: +916260387066. For official national customer care, refer to Indian Bank's official banking channels.

How to decipher the IFSC code IDIB000R523?

The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00R523' represent the specific RAISEN branch code.