This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, ASHOK NAGAR branch in ASHOK NAGAR. The 11-digit IFSC IDIB000A031 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the ASHOK NAGAR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Bank – ASHOK NAGAR is IDIB000A031. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00A031 map to this branch in ASHOK NAGAR, TAMIL NADU.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Ashok Nagar branch — IFSC IDIB000A031 — extends the bank's services to customers in and around Ashok Nagar, Tamil Nadu.
Ashok Nagar branch overview
Located at NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083, the Ashok Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000A031 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Ashok Nagar |
| IFSC Code | IDIB000A031 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083 |
| City | Ashok Nagar |
| District | Chennai |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 23717060 |
Why every Indian Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ASHOK NAGAR of Indian Bank — its own 11-character IFSC. The code IDIB000A031 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IDIB000A031 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IDIB000A031 and the account number together uniquely identify the Ashok Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000A031
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 IDIB000A031 across all three.
How to use IFSC IDIB000A031 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's ASHOK NAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IDIB000A031.
- Confirm the bank name auto-populates as Indian Bank and the branch as ASHOK NAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to ASHOK NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's ASHOK NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000A031 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – ASHOK NAGAR, use IMPS. With IFSC IDIB000A031 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 Ashok Nagar
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 IDIB000A031:
- 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 ASHOK NAGAR is still linked to IFSC IDIB000A031.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Bank's ASHOK NAGAR branch, the IFSC IDIB000A031 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Ashok Nagar branch is mapped to IFSC IDIB000A031 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Bank, 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 IDIB000A031.
Products and services
Customers walking into the Ashok Nagar branch can access most of Indian Bank'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 IDIB000A031
Online banking and IFSC IDIB000A031
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the ASHOK NAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IDIB000A031 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Ashok Nagar branch
The branch is located at NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083, which puts it inside Ashok Nagar, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Ashok Nagar branch” — the verified location pin for IFSC IDIB000A031 should appear at the top of the results.
- Confirm the branch is open by calling 44-23717060 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDIB000A031 and your account number.
Common mistakes to avoid when using IFSC IDIB000A031
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 Indian Bank – ASHOK NAGAR, 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:
IDIB000A031. - 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.
Working hours
Branch counters at Ashok Nagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IDIB000A031 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000A031 for Indian Bank – ASHOK NAGAR, 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 address & contact
Indian BankAshok Nagar Branch
NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083
Ashok Nagar, Tamil Nadu
Phone: 44-23717060
IFSC: IDIB000A031
Frequently asked questions
Can I use IFSC IDIB000A031 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000A031 to send funds instantly.
What is the phone number of Indian Bank Ashok Nagar branch?
You can reach the branch at 44-23717060 during regular banking hours.
Is IFSC IDIB000A031 the same for all accounts at Ashok Nagar branch?
Yes. The IFSC IDIB000A031 is shared by every account held at Indian Bank's Ashok Nagar branch. Only the account number changes from customer to customer.
Where is Indian Bank Ashok Nagar branch located?
Indian Bank's Ashok Nagar branch is located at NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083, Ashok Nagar, Tamil Nadu.
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 Ashok Nagar branch but serve different purposes.
How do I add Indian Bank Ashok Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000A031, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using IDIB000A031 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Ashok Nagar reflect within 30 minutes.
Summary
The IFSC code IDIB000A031 belongs to Indian Bank's ASHOK NAGAR branch, located at NO 69 FIRST AVENUE ASHOK NAGAR ASHOK PILLAR PIN 600083 in ASHOK NAGAR, TAMIL NADU. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
