Use this page as a one-stop reference for everything related to Indian Bank's CHAIPUR BAZAR branch in CHAIPUR, WEST BENGAL. The branch's IFSC code IDIB000C508 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, IDIB000C508 is the IFSC of Indian Bank's CHAIPUR BAZAR branch. The format is fixed: IDIB = bank code, 0 = reserved, 00C508 = branch identifier.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Chaipur Bazar branch in Chaipur, West Bengal is part of this network and uses the IFSC code IDIB000C508 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Chaipur Bazar |
| IFSC Code | IDIB000C508 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CHAIPUR BAZAR VILL CHAIPUR PO DEIACHAK PS PANSKURAI CHAIPUR DERIACHAK PIN 721151 |
| City | Chaipur |
| District | Purba Medinipur |
| State | West Bengal |
| STD Code | 91 |
| Phone | 9851832821 |
Chaipur Bazar branch overview
Located at CHAIPUR BAZAR VILL CHAIPUR PO DEIACHAK PS PANSKURAI CHAIPUR DERIACHAK PIN 721151, the Chaipur Bazar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000C508 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 CHAIPUR BAZAR branch came to be assigned the code IDIB000C508.
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 IDIB000C508, money simply cannot be routed to the CHAIPUR BAZAR branch electronically.
Products and account variants supported
Every account opened at the Chaipur Bazar branch is mapped to IFSC IDIB000C508 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 IDIB000C508.
Products and services
Customers walking into the Chaipur Bazar 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 IDIB000C508
How to transfer money using IFSC IDIB000C508
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 IDIB000C508 across all three.
NEFT to Indian Bank, CHAIPUR BAZAR using IFSC IDIB000C508
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 IDIB000C508, and confirm that the system picks up Indian Bank – CHAIPUR BAZAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHAIPUR BAZAR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's CHAIPUR BAZAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000C508 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 – CHAIPUR BAZAR, use IMPS. With IFSC IDIB000C508 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Chaipur Bazar
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IDIB000C508:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at CHAIPUR BAZAR is still linked to IFSC IDIB000C508.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 CHAIPUR BAZAR branch, the IFSC IDIB000C508 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 Chaipur Bazar 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 IDIB000C508 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 IDIB000C508 and the account number together uniquely identify the Chaipur Bazar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IDIB000C508
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 – CHAIPUR BAZAR, 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:
IDIB000C508. - 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 Chaipur Bazar branch
The branch is located at CHAIPUR BAZAR VILL CHAIPUR PO DEIACHAK PS PANSKURAI CHAIPUR DERIACHAK PIN 721151, which puts it inside Chaipur, the broader Purba Medinipur district, and the state of West Bengal. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Chaipur Bazar branch” — the verified location pin for IFSC IDIB000C508 should appear at the top of the results.
- Confirm the branch is open by calling 91-9851832821 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 IDIB000C508 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000C508 for Indian Bank – CHAIPUR BAZAR, 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 Chaipur Bazar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000C508, however, work 24x7.
Branch address & contact
Indian BankChaipur Bazar Branch
CHAIPUR BAZAR VILL CHAIPUR PO DEIACHAK PS PANSKURAI CHAIPUR DERIACHAK PIN 721151
Chaipur, West Bengal
Phone: 91-9851832821
IFSC: IDIB000C508
Frequently asked questions
What is the IFSC code of Indian Bank Chaipur Bazar branch?
The IFSC code of Indian Bank, Chaipur Bazar branch is IDIB000C508. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Indian Bank Chaipur Bazar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000C508, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000C508 valid for NEFT and RTGS?
Yes. IFSC IDIB000C508 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Chaipur Bazar branch but serve different purposes.
How quickly will an NEFT transfer using IDIB000C508 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Chaipur Bazar reflect within 30 minutes.
Is IFSC IDIB000C508 the same for all accounts at Chaipur Bazar branch?
Yes. The IFSC IDIB000C508 is shared by every account held at Indian Bank's Chaipur Bazar branch. Only the account number changes from customer to customer.
Does Indian Bank Chaipur Bazar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9851832821 to confirm.
What is the phone number of Indian Bank Chaipur Bazar branch?
You can reach the branch at 91-9851832821 during regular banking hours.
Final notes
To recap: IDIB000C508 is the IFSC code of Indian Bank, CHAIPUR BAZAR branch, in CHAIPUR, WEST BENGAL. 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.
