Use this page as a one-stop reference for everything related to Indian Bank's BASBUTIA branch in BASBUTIA, JHARKHAND. The branch's IFSC code IDIB000B626 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.
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, IDIB000B626 is the IFSC of Indian Bank's BASBUTIA branch. The format is fixed: IDIB = bank code, 0 = reserved, 00B626 = branch identifier.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Basbutia branch in Basbutia. 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, IDIB000B626.
Basbutia branch overview
Located at VILLAGE BASBUTIYA POST PALOJORI TEHSIL MADHUPUR BASBUTIA PALOJORI PIN 814146, the Basbutia branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000B626 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Basbutia |
| IFSC Code | IDIB000B626 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILLAGE BASBUTIYA POST PALOJORI TEHSIL MADHUPUR BASBUTIA PALOJORI PIN 814146 |
| City | Basbutia |
| District | Deoghar |
| State | Jharkhand |
| STD Code | 91 |
| Phone | 8789640512 |
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 BASBUTIA branch came to be assigned the code IDIB000B626.
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 IDIB000B626, money simply cannot be routed to the BASBUTIA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Basbutia branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000B626 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 IDIB000B626
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 IDIB000B626 across all three.
NEFT to Indian Bank, BASBUTIA using IFSC IDIB000B626
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 IDIB000B626, and confirm that the system picks up Indian Bank – BASBUTIA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to BASBUTIA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's BASBUTIA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000B626 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 – BASBUTIA, use IMPS. With IFSC IDIB000B626 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 IDIB000B626 for Indian Bank – BASBUTIA, 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 – IDIB000B626 | Yes – IDIB000B626 | Yes – IDIB000B626 |
For most retail customers crediting the Basbutia 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 BASBUTIA branch, the IFSC IDIB000B626 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 Basbutia branch is mapped to IFSC IDIB000B626 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 IDIB000B626.
Products and services
Customers walking into the Basbutia 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 IDIB000B626
Digital banking channels
Most day-to-day work that customers used to do at the Basbutia 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 IDIB000B626 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.
Reaching the branch
The Basbutia branch sits at VILLAGE BASBUTIYA POST PALOJORI TEHSIL MADHUPUR BASBUTIA PALOJORI PIN 814146. If you are travelling from outside Basbutia, search for the branch on a maps application using the bank name and locality, or call 91-8789640512 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 IDIB000B626 and your account number.
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 – BASBUTIA:
- The IFSC is exactly IDIB000B626 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 BASBUTIA 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.
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 Basbutia branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000B626, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000B626 for Indian Bank – BASBUTIA, 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 BankBasbutia Branch
VILLAGE BASBUTIYA POST PALOJORI TEHSIL MADHUPUR BASBUTIA PALOJORI PIN 814146
Basbutia, Jharkhand
Phone: 91-8789640512
IFSC: IDIB000B626
Frequently asked questions
Can I use IFSC IDIB000B626 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000B626 to send funds instantly.
Is IFSC IDIB000B626 valid for NEFT and RTGS?
Yes. IFSC IDIB000B626 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC IDIB000B626 the same for all accounts at Basbutia branch?
Yes. The IFSC IDIB000B626 is shared by every account held at Indian Bank's Basbutia branch. Only the account number changes from customer to customer.
How do I add Indian Bank Basbutia as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000B626, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Bank Basbutia branch?
You can reach the branch at 91-8789640512 during regular banking hours.
How quickly will an NEFT transfer using IDIB000B626 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Basbutia reflect within 30 minutes.
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 Basbutia branch but serve different purposes.
Final notes
To recap: IDIB000B626 is the IFSC code of Indian Bank, BASBUTIA branch, in BASBUTIA, JHARKHAND. 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.
