Use this page as a one-stop reference for everything related to Indian Bank's BHAVNAGAR branch in BHAVNAGAR, GUJARAT. The branch's IFSC code IDIB000B020 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.
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 BHAVNAGAR branch, the IFSC IDIB000B020 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00B020 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Bhavnagar |
| IFSC Code | IDIB000B020 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 1 2GROUND FLOOR ORNATE COMMERCIAL SPACES KALUBHA ROAD NEAR RASOI HOTEL PIN 364001 |
| City | Bhavnagar |
| District | Bhavnagar |
| State | Gujarat |
| STD Code | 278 |
| Phone | 2423305 |
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Bhavnagar branch in Bhavnagar. 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, IDIB000B020.
About the Bhavnagar branch
The Bhavnagar branch of Indian Bank is situated at SHOP NO 1 2GROUND FLOOR ORNATE COMMERCIAL SPACES KALUBHA ROAD NEAR RASOI HOTEL PIN 364001. 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 IDIB000B020 is used.
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 BHAVNAGAR branch came to be assigned the code IDIB000B020.
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 IDIB000B020, money simply cannot be routed to the BHAVNAGAR branch electronically.
How to transfer money using IFSC IDIB000B020
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 IDIB000B020 across all three.
NEFT to Indian Bank, BHAVNAGAR using IFSC IDIB000B020
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 IDIB000B020, and confirm that the system picks up Indian Bank – BHAVNAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000B020
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 – BHAVNAGAR, ensure your bank's portal accepts IFSC IDIB000B020 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank BHAVNAGAR (IFSC IDIB000B020)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000B020 in your mobile or internet banking app, and the money is credited to the BHAVNAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000B020 for Indian Bank – BHAVNAGAR, 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 – IDIB000B020 | Yes – IDIB000B020 | Yes – IDIB000B020 |
For most retail customers crediting the Bhavnagar 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 BHAVNAGAR branch, the IFSC IDIB000B020 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 Bhavnagar branch is mapped to IFSC IDIB000B020 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 IDIB000B020.
Banking services available
The Bhavnagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 278-2423305.
- 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 IDIB000B020
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 IDIB000B020 and the account number together uniquely identify the Bhavnagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IDIB000B020
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the BHAVNAGAR 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 IDIB000B020 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.
Common mistakes to avoid when using IFSC IDIB000B020
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 – BHAVNAGAR, 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:
IDIB000B020. - 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.
How to reach the Bhavnagar branch
The branch is located at SHOP NO 1 2GROUND FLOOR ORNATE COMMERCIAL SPACES KALUBHA ROAD NEAR RASOI HOTEL PIN 364001, which puts it inside Bhavnagar, the broader Bhavnagar district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Bhavnagar branch” — the verified location pin for IFSC IDIB000B020 should appear at the top of the results.
- Confirm the branch is open by calling 278-2423305 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 IDIB000B020 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000B020 for Indian Bank – BHAVNAGAR, 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 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 Bhavnagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000B020, however, work 24x7.
Branch address & contact
Indian BankBhavnagar Branch
SHOP NO 1 2GROUND FLOOR ORNATE COMMERCIAL SPACES KALUBHA ROAD NEAR RASOI HOTEL PIN 364001
Bhavnagar, Gujarat
Phone: 278-2423305
IFSC: IDIB000B020
Frequently asked questions
Can I use IFSC IDIB000B020 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000B020 to send funds instantly.
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 Bhavnagar branch but serve different purposes.
How quickly will an NEFT transfer using IDIB000B020 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Bhavnagar reflect within 30 minutes.
Is IFSC IDIB000B020 the same for all accounts at Bhavnagar branch?
Yes. The IFSC IDIB000B020 is shared by every account held at Indian Bank's Bhavnagar branch. Only the account number changes from customer to customer.
How do I add Indian Bank Bhavnagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000B020, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Bank Bhavnagar branch located?
Indian Bank's Bhavnagar branch is located at SHOP NO 1 2GROUND FLOOR ORNATE COMMERCIAL SPACES KALUBHA ROAD NEAR RASOI HOTEL PIN 364001, Bhavnagar, Gujarat.
Does Indian Bank Bhavnagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 278-2423305 to confirm.
Final notes
To recap: IDIB000B020 is the IFSC code of Indian Bank, BHAVNAGAR branch, in BHAVNAGAR, GUJARAT. 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.
