If you are searching for the IFSC code of Indian Bank, MARATHAHALLI branch in BENGALURU, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is IDIB000M405. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MARATHAHALLI branch, and detailed step-by-step guides for using the IFSC IDIB000M405 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 MARATHAHALLI branch, the IFSC IDIB000M405 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00M405 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Marathahalli |
| IFSC Code | IDIB000M405 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 43,2ND CROSS,ASHWATH NAGAR,NEAR MARATHAHALLI BRIDGE,BENGALURU-560037 |
| City | Bengaluru |
| District | Bengaluru Urban |
| State | Karnataka |
| STD Code | 80 |
| Phone | 8861305763 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Marathahalli branch in Bengaluru, Karnataka is part of this network and uses the IFSC code IDIB000M405 for all electronic settlement.
About this branch
The branch is located at 43,2ND CROSS,ASHWATH NAGAR,NEAR MARATHAHALLI BRIDGE,BENGALURU-560037. It serves the Bengaluru 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 IDIB000M405 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 MARATHAHALLI of Indian Bank — its own 11-character IFSC. The code IDIB000M405 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 IDIB000M405 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IDIB000M405
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 IDIB000M405 across all three.
How to use IFSC IDIB000M405 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's MARATHAHALLI 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 IDIB000M405.
- Confirm the bank name auto-populates as Indian Bank and the branch as MARATHAHALLI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000M405
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 – MARATHAHALLI, ensure your bank's portal accepts IFSC IDIB000M405 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank MARATHAHALLI (IFSC IDIB000M405)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000M405 in your mobile or internet banking app, and the money is credited to the MARATHAHALLI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000M405 for Indian Bank – MARATHAHALLI, 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 – IDIB000M405 | Yes – IDIB000M405 | Yes – IDIB000M405 |
For most retail customers crediting the Marathahalli 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 MARATHAHALLI branch, the IFSC IDIB000M405 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.
Account types you can open at the Marathahalli branch
Once you have an account at Indian Bank – MARATHAHALLI, the IFSC IDIB000M405 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 Marathahalli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 80-8861305763.
- 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 IDIB000M405
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 IDIB000M405 and the account number together uniquely identify the Marathahalli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Marathahalli 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 IDIB000M405 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.
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 – MARATHAHALLI:
- The IFSC is exactly IDIB000M405 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 MARATHAHALLI 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.
How to reach the Marathahalli branch
The branch is located at 43,2ND CROSS,ASHWATH NAGAR,NEAR MARATHAHALLI BRIDGE,BENGALURU-560037, which puts it inside Bengaluru, the broader Bengaluru Urban district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Marathahalli branch” — the verified location pin for IFSC IDIB000M405 should appear at the top of the results.
- Confirm the branch is open by calling 80-8861305763 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 IDIB000M405 and your account number.
Verifying IFSC IDIB000M405 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 IDIB000M405 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 80-8861305763.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Marathahalli 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 IDIB000M405 continue to work without interruption.
Branch address & contact
Indian BankMarathahalli Branch
43,2ND CROSS,ASHWATH NAGAR,NEAR MARATHAHALLI BRIDGE,BENGALURU-560037
Bengaluru, Karnataka
Phone: 80-8861305763
IFSC: IDIB000M405
Frequently asked questions
How do I add Indian Bank Marathahalli as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000M405, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Indian Bank Marathahalli branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 80-8861305763 to confirm.
Is IFSC IDIB000M405 valid for NEFT and RTGS?
Yes. IFSC IDIB000M405 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Indian Bank Marathahalli branch located?
Indian Bank's Marathahalli branch is located at 43,2ND CROSS,ASHWATH NAGAR,NEAR MARATHAHALLI BRIDGE,BENGALURU-560037, Bengaluru, Karnataka.
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 Marathahalli branch but serve different purposes.
Is IFSC IDIB000M405 the same for all accounts at Marathahalli branch?
Yes. The IFSC IDIB000M405 is shared by every account held at Indian Bank's Marathahalli branch. Only the account number changes from customer to customer.
What is the phone number of Indian Bank Marathahalli branch?
You can reach the branch at 80-8861305763 during regular banking hours.
How quickly will an NEFT transfer using IDIB000M405 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Marathahalli reflect within 30 minutes.
Final notes
To recap: IDIB000M405 is the IFSC code of Indian Bank, MARATHAHALLI branch, in BENGALURU, KARNATAKA. 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.
