Below are the complete branch details for Indian Bank, BALAGHAT branch, located in BALAGHAT, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000B567. 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 IDIB000B567 for Indian Bank – BALAGHAT — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Bank's BALAGHAT branch, the IFSC IDIB000B567 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00B567 identifies this particular branch.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Balaghat branch in Balaghat. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDIB000B567.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Balaghat |
| IFSC Code | IDIB000B567 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BAGHRECHA COMPLEX NEW SARAFA MARKET MAIN ROAD BALAGHAT BALAGHAT PIN 481001 |
| City | Balaghat |
| District | Balaghat |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 8903010106 |
About this branch
The branch is located at BAGHRECHA COMPLEX NEW SARAFA MARKET MAIN ROAD BALAGHAT BALAGHAT PIN 481001. It serves the Balaghat region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Bank. The IFSC IDIB000B567 is used to identify this branch on the RBI payments network.
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 BALAGHAT of Indian Bank — its own 11-character IFSC. The code IDIB000B567 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 IDIB000B567 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Balaghat branch is mapped to IFSC IDIB000B567 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 IDIB000B567.
Banking services available
The Balaghat branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8903010106.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDIB000B567
How to transfer money using IFSC IDIB000B567
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 IDIB000B567 across all three.
How to use IFSC IDIB000B567 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's BALAGHAT 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 IDIB000B567.
- Confirm the bank name auto-populates as Indian Bank and the branch as BALAGHAT.
- 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 BALAGHAT
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's BALAGHAT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000B567 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Bank BALAGHAT (IFSC IDIB000B567)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000B567 in your mobile or internet banking app, and the money is credited to the BALAGHAT branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Balaghat
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 IDIB000B567:
- 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 BALAGHAT is still linked to IFSC IDIB000B567.
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 BALAGHAT branch, the IFSC IDIB000B567 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.
Digital banking channels
Most day-to-day work that customers used to do at the Balaghat 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 IDIB000B567 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.
MICR & cheque-truncation details
Cheques drawn on the Balaghat branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000B567 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Bank – BALAGHAT:
- The IFSC is exactly IDIB000B567 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Bank as the bank name and BALAGHAT as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Balaghat branch sits at BAGHRECHA COMPLEX NEW SARAFA MARKET MAIN ROAD BALAGHAT BALAGHAT PIN 481001. If you are travelling from outside Balaghat, search for the branch on a maps application using the bank name and locality, or call 91-8903010106 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 IDIB000B567 and your account number.
Verifying IFSC IDIB000B567 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IDIB000B567 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8903010106.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Balaghat 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 IDIB000B567 continue to work without interruption.
Branch address & contact
Indian BankBalaghat Branch
BAGHRECHA COMPLEX NEW SARAFA MARKET MAIN ROAD BALAGHAT BALAGHAT PIN 481001
Balaghat, Madhya Pradesh
Phone: 91-8903010106
IFSC: IDIB000B567
Frequently asked questions
How do I add Indian Bank Balaghat as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000B567, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IDIB000B567 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000B567 to send funds instantly.
Where is Indian Bank Balaghat branch located?
Indian Bank's Balaghat branch is located at BAGHRECHA COMPLEX NEW SARAFA MARKET MAIN ROAD BALAGHAT BALAGHAT PIN 481001, Balaghat, Madhya Pradesh.
What is the phone number of Indian Bank Balaghat branch?
You can reach the branch at 91-8903010106 during regular banking hours.
How quickly will an NEFT transfer using IDIB000B567 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Balaghat reflect within 30 minutes.
What is the IFSC code of Indian Bank Balaghat branch?
The IFSC code of Indian Bank, Balaghat branch is IDIB000B567. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IDIB000B567 is the IFSC code of Indian Bank, BALAGHAT branch, in BALAGHAT, 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.
