Below are the complete branch details for DCB Bank Limited, MANDIDEEP branch, located in RAISEN, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is DCBL0000117. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case DCBL0000117 for DCB Bank Limited – MANDIDEEP — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, DCBL0000117 is the IFSC of DCB Bank Limited's MANDIDEEP branch. The format is fixed: DCBL = bank code, 0 = reserved, 000117 = branch identifier.
Branch details at a glance
| Bank Name | DCB Bank Limited |
|---|---|
| Branch | Mandideep |
| IFSC Code | DCBL0000117 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO. 203, B SECTOR, INDRA NAGAR, MANDIDEEP, TEHSIL GOHARGANJ, DISTRICT RAISEN, STATE MADHYA PRADESH, PIN - 462046 |
| City | Raisen |
| District | Raisen |
| State | Madhya Pradesh |
| STD Code | 1800 |
| Phone | 2095363 |
About the bank
DCB Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mandideep branch in Raisen, Madhya Pradesh is part of this network and uses the IFSC code DCBL0000117 for all electronic settlement.
Mandideep branch overview
Located at PLOT NO. 203, B SECTOR, INDRA NAGAR, MANDIDEEP, TEHSIL GOHARGANJ, DISTRICT RAISEN, STATE MADHYA PRADESH, PIN - 462046, the Mandideep branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC DCBL0000117 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how DCB Bank Limited's MANDIDEEP branch came to be assigned the code DCBL0000117.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC DCBL0000117, money simply cannot be routed to the MANDIDEEP branch electronically.
How to transfer money using IFSC DCBL0000117
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC DCBL0000117 across all three.
NEFT to DCB Bank Limited, MANDIDEEP using IFSC DCBL0000117
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC DCBL0000117, and confirm that the system picks up DCB Bank Limited – MANDIDEEP. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MANDIDEEP
If you need to transfer ₹2 lakh or more in one go to an account at DCB Bank Limited's MANDIDEEP branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC DCBL0000117 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to DCB Bank Limited – MANDIDEEP, use IMPS. With IFSC DCBL0000117 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Mandideep
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC DCBL0000117:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MANDIDEEP is still linked to IFSC DCBL0000117.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC DCBL0000117
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at DCB Bank Limited – MANDIDEEP is still mapped to IFSC DCBL0000117. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC DCBL0000117 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mandideep branch is mapped to IFSC DCBL0000117 on the RBI payments network. The branch generally supports the full retail product catalogue of DCB Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains DCBL0000117.
Products and services
Customers walking into the Mandideep branch can access most of DCB Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC DCBL0000117
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by DCB Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC DCBL0000117 and the account number together uniquely identify the Mandideep branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Mandideep branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC DCBL0000117 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC DCBL0000117
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to DCB Bank Limited – MANDIDEEP, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
DCBL0000117. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Mandideep branch sits at PLOT NO. 203, B SECTOR, INDRA NAGAR, MANDIDEEP, TEHSIL GOHARGANJ, DISTRICT RAISEN, STATE MADHYA PRADESH, PIN - 462046. If you are travelling from outside Raisen, search for the branch on a maps application using the bank name and locality, or call 1800-2095363 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC DCBL0000117 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC DCBL0000117 for DCB Bank Limited – MANDIDEEP, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mandideep branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC DCBL0000117, however, work 24x7.
Branch address & contact
DCB Bank LimitedMandideep Branch
PLOT NO. 203, B SECTOR, INDRA NAGAR, MANDIDEEP, TEHSIL GOHARGANJ, DISTRICT RAISEN, STATE MADHYA PRADESH, PIN - 462046
Raisen, Madhya Pradesh
Phone: 1800-2095363
IFSC: DCBL0000117
Frequently asked questions
Is IFSC DCBL0000117 valid for NEFT and RTGS?
Yes. IFSC DCBL0000117 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add DCB Bank Limited Mandideep as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC DCBL0000117, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of DCB Bank Limited Mandideep branch?
You can reach the branch at 1800-2095363 during regular banking hours.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mandideep branch but serve different purposes.
What is the IFSC code of DCB Bank Limited Mandideep branch?
The IFSC code of DCB Bank Limited, Mandideep branch is DCBL0000117. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC DCBL0000117 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC DCBL0000117 to send funds instantly.
Is IFSC DCBL0000117 the same for all accounts at Mandideep branch?
Yes. The IFSC DCBL0000117 is shared by every account held at DCB Bank Limited's Mandideep branch. Only the account number changes from customer to customer.
Final notes
To recap: DCBL0000117 is the IFSC code of DCB Bank Limited, MANDIDEEP branch, in RAISEN, MADHYA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.


