Use this page as a one-stop reference for everything related to Indian Bank's RAJAJI NAGAR branch in BANGALORE, KARNATAKA. The branch's IFSC code IDIB000R005 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 – RAJAJI NAGAR is IDIB000R005. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00R005 map to this branch in BANGALORE, KARNATAKA.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Rajaji Nagar branch in Bangalore. 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, IDIB000R005.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Rajaji Nagar |
| IFSC Code | IDIB000R005 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN 560010 |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| STD Code | 80 |
| Phone | 22958851 |
Rajaji Nagar branch overview
Located at 38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN 560010, the Rajaji 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 IDIB000R005 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 Indian Bank's RAJAJI NAGAR branch came to be assigned the code IDIB000R005.
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 IDIB000R005, money simply cannot be routed to the RAJAJI NAGAR branch electronically.
Account types you can open at the Rajaji Nagar branch
Once you have an account at Indian Bank – RAJAJI NAGAR, the IFSC IDIB000R005 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Rajaji Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 80-22958851.
- 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 IDIB000R005
How to transfer money using IFSC IDIB000R005
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 IDIB000R005 across all three.
NEFT to Indian Bank, RAJAJI NAGAR using IFSC IDIB000R005
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 IDIB000R005, and confirm that the system picks up Indian Bank – RAJAJI NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000R005
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Bank – RAJAJI NAGAR, ensure your bank's portal accepts IFSC IDIB000R005 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank RAJAJI NAGAR (IFSC IDIB000R005)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000R005 in your mobile or internet banking app, and the money is credited to the RAJAJI NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000R005 for Indian Bank – RAJAJI NAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IDIB000R005 | Yes – IDIB000R005 | Yes – IDIB000R005 |
For most retail customers crediting the Rajaji Nagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
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 RAJAJI NAGAR branch, the IFSC IDIB000R005 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 Rajaji Nagar 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 IDIB000R005 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 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 IDIB000R005 and the account number together uniquely identify the Rajaji Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – RAJAJI NAGAR:
- The IFSC is exactly IDIB000R005 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 RAJAJI NAGAR 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 Rajaji Nagar branch sits at 38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN 560010. If you are travelling from outside Bangalore, search for the branch on a maps application using the bank name and locality, or call 80-22958851 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 IDIB000R005 and your account number.
Verifying IFSC IDIB000R005 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 IDIB000R005 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 80-22958851.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Rajaji 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 IDIB000R005 continue to work without interruption.
Branch address & contact
Indian BankRajaji Nagar Branch
38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN 560010
Bangalore, Karnataka
Phone: 80-22958851
IFSC: IDIB000R005
Frequently asked questions
How do I add Indian Bank Rajaji Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000R005, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000R005 the same for all accounts at Rajaji Nagar branch?
Yes. The IFSC IDIB000R005 is shared by every account held at Indian Bank's Rajaji Nagar branch. Only the account number changes from customer to customer.
What is the IFSC code of Indian Bank Rajaji Nagar branch?
The IFSC code of Indian Bank, Rajaji Nagar branch is IDIB000R005. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Indian Bank Rajaji Nagar branch located?
Indian Bank's Rajaji Nagar branch is located at 38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN 560010, Bangalore, Karnataka.
What is the phone number of Indian Bank Rajaji Nagar branch?
You can reach the branch at 80-22958851 during regular banking hours.
Is IFSC IDIB000R005 valid for NEFT and RTGS?
Yes. IFSC IDIB000R005 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IDIB000R005 belongs to Indian Bank's RAJAJI NAGAR branch, located at 38 SINEWAVE COMPLEX GROUND FLOOR 20TH MAIN ROAD 1ST BLOCK RAJAJINAGAR PIN… in BANGALORE, KARNATAKA. 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.
