Below are the complete branch details for Indian Bank, SAGAR SOCIETY BANJARA HILLS branch, located in BANJARA HILLS, TELANGANA. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000B617. 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 IDIB000B617 for Indian Bank – SAGAR SOCIETY BANJARA HILLS — 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, IDIB000B617 is the IFSC of Indian Bank's SAGAR SOCIETY BANJARA HILLS branch. The format is fixed: IDIB = bank code, 0 = reserved, 00B617 = branch identifier.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sagar Society Banjara Hills branch — IFSC IDIB000B617 — extends the bank's services to customers in and around Banjara Hills, Telangana.
About the Sagar Society Banjara Hills branch
The Sagar Society Banjara Hills branch of Indian Bank is situated at DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IDIB000B617 is used.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Sagar Society Banjara Hills |
| IFSC Code | IDIB000B617 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034 |
| City | Banjara Hills |
| District | Hyderabad |
| State | Telangana |
| STD Code | 40 |
| Phone | 23555218 |
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 SAGAR SOCIETY BANJARA HILLS branch came to be assigned the code IDIB000B617.
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 IDIB000B617, money simply cannot be routed to the SAGAR SOCIETY BANJARA HILLS branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Sagar Society Banjara Hills branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000B617 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IDIB000B617
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 IDIB000B617 across all three.
How to use IFSC IDIB000B617 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's SAGAR SOCIETY BANJARA HILLS 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 IDIB000B617.
- Confirm the bank name auto-populates as Indian Bank and the branch as SAGAR SOCIETY BANJARA HILLS.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000B617
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 – SAGAR SOCIETY BANJARA HILLS, ensure your bank's portal accepts IFSC IDIB000B617 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – SAGAR SOCIETY BANJARA HILLS, use IMPS. With IFSC IDIB000B617 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000B617 for Indian Bank – SAGAR SOCIETY BANJARA HILLS, 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 – IDIB000B617 | Yes – IDIB000B617 | Yes – IDIB000B617 |
For most retail customers crediting the Sagar Society Banjara Hills 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.
UPI payments and IFSC IDIB000B617
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 Indian Bank – SAGAR SOCIETY BANJARA HILLS is still mapped to IFSC IDIB000B617. 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 IDIB000B617 and the beneficiary's account number to complete the transfer.
Account types you can open at the Sagar Society Banjara Hills branch
Once you have an account at Indian Bank – SAGAR SOCIETY BANJARA HILLS, the IFSC IDIB000B617 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.
Products and services
Customers walking into the Sagar Society Banjara Hills 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 IDIB000B617
Online banking and IFSC IDIB000B617
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the SAGAR SOCIETY BANJARA HILLS 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 IDIB000B617 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 Sagar Society Banjara Hills branch
The branch is located at DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034, which puts it inside Banjara Hills, the broader Hyderabad district, and the state of Telangana. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Sagar Society Banjara Hills branch” — the verified location pin for IFSC IDIB000B617 should appear at the top of the results.
- Confirm the branch is open by calling 40-23555218 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 IDIB000B617 and your account number.
Common mistakes to avoid when using IFSC IDIB000B617
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 – SAGAR SOCIETY BANJARA HILLS, 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:
IDIB000B617. - 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 Sagar Society Banjara Hills 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 IDIB000B617 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000B617 for Indian Bank – SAGAR SOCIETY BANJARA HILLS, 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 BankSagar Society Banjara Hills Branch
DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034
Banjara Hills, Telangana
Phone: 40-23555218
IFSC: IDIB000B617
Frequently asked questions
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 Sagar Society Banjara Hills branch but serve different purposes.
Is IFSC IDIB000B617 valid for NEFT and RTGS?
Yes. IFSC IDIB000B617 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IDIB000B617 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Sagar Society Banjara Hills reflect within 30 minutes.
How do I add Indian Bank Sagar Society Banjara Hills as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000B617, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Bank Sagar Society Banjara Hills branch?
The IFSC code of Indian Bank, Sagar Society Banjara Hills branch is IDIB000B617. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Indian Bank Sagar Society Banjara Hills branch?
You can reach the branch at 40-23555218 during regular banking hours.
Where is Indian Bank Sagar Society Banjara Hills branch located?
Indian Bank's Sagar Society Banjara Hills branch is located at DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034, Banjara Hills, Telangana.
Does Indian Bank Sagar Society Banjara Hills branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 40-23555218 to confirm.
Final notes
To recap: IDIB000B617 is the IFSC code of Indian Bank, SAGAR SOCIETY BANJARA HILLS branch, in BANJARA HILLS, TELANGANA. 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.


