Below are the complete branch details for Indian Bank, CHAVANHIPPARGA branch, located in CHAVANHIPPARGA, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000C562. 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 IDIB000C562 for Indian Bank – CHAVANHIPPARGA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Bank – CHAVANHIPPARGA is IDIB000C562. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00C562 map to this branch in CHAVANHIPPARGA, MAHARASHTRA.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Chavanhipparga |
| IFSC Code | IDIB000C562 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA CHAVANHIPPARGA PIN 413519 |
| City | Chavanhipparga |
| District | Latur |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8237514923 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Chavanhipparga branch in Chavanhipparga, Maharashtra is part of this network and uses the IFSC code IDIB000C562 for all electronic settlement.
About this branch
The branch is located at VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA CHAVANHIPPARGA PIN 413519. It serves the Chavanhipparga 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 IDIB000C562 is used to identify this branch on the RBI payments network.
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 CHAVANHIPPARGA branch came to be assigned the code IDIB000C562.
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 IDIB000C562, money simply cannot be routed to the CHAVANHIPPARGA branch electronically.
How to transfer money using IFSC IDIB000C562
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 IDIB000C562 across all three.
NEFT to Indian Bank, CHAVANHIPPARGA using IFSC IDIB000C562
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 IDIB000C562, and confirm that the system picks up Indian Bank – CHAVANHIPPARGA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000C562
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 – CHAVANHIPPARGA, ensure your bank's portal accepts IFSC IDIB000C562 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – CHAVANHIPPARGA, use IMPS. With IFSC IDIB000C562 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 Chavanhipparga
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 IDIB000C562:
- 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 CHAVANHIPPARGA is still linked to IFSC IDIB000C562.
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.
UPI payments and IFSC IDIB000C562
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 – CHAVANHIPPARGA is still mapped to IFSC IDIB000C562. 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 IDIB000C562 and the beneficiary's account number to complete the transfer.
Account types you can open at the Chavanhipparga branch
Once you have an account at Indian Bank – CHAVANHIPPARGA, the IFSC IDIB000C562 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 Chavanhipparga 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 IDIB000C562
MICR & cheque-truncation details
Cheques drawn on the Chavanhipparga branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000C562 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IDIB000C562
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the CHAVANHIPPARGA 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 IDIB000C562 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 IDIB000C562
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 – CHAVANHIPPARGA, 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:
IDIB000C562. - 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 Chavanhipparga branch
The branch is located at VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA CHAVANHIPPARGA PIN 413519, which puts it inside Chavanhipparga, the broader Latur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Chavanhipparga branch” — the verified location pin for IFSC IDIB000C562 should appear at the top of the results.
- Confirm the branch is open by calling 91-8237514923 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 IDIB000C562 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000C562 for Indian Bank – CHAVANHIPPARGA, 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 Chavanhipparga branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000C562, however, work 24x7.
Branch address & contact
Indian BankChavanhipparga Branch
VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA CHAVANHIPPARGA PIN 413519
Chavanhipparga, Maharashtra
Phone: 91-8237514923
IFSC: IDIB000C562
Frequently asked questions
How do I add Indian Bank Chavanhipparga as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000C562, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Chavanhipparga branch but serve different purposes.
Can I use IFSC IDIB000C562 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000C562 to send funds instantly.
Is IFSC IDIB000C562 the same for all accounts at Chavanhipparga branch?
Yes. The IFSC IDIB000C562 is shared by every account held at Indian Bank's Chavanhipparga branch. Only the account number changes from customer to customer.
Where is Indian Bank Chavanhipparga branch located?
Indian Bank's Chavanhipparga branch is located at VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA CHAVANHIPPARGA PIN 413519, Chavanhipparga, Maharashtra.
What is the phone number of Indian Bank Chavanhipparga branch?
You can reach the branch at 91-8237514923 during regular banking hours.
What is the IFSC code of Indian Bank Chavanhipparga branch?
The IFSC code of Indian Bank, Chavanhipparga branch is IDIB000C562. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IDIB000C562 valid for NEFT and RTGS?
Yes. IFSC IDIB000C562 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IDIB000C562 belongs to Indian Bank's CHAVANHIPPARGA branch, located at VILL PO CHAVANHIPPARGA TALUKA DAVNI TEHSIL LATUR CHAVANHIPPARGA CHAVANHIPPARGA… in CHAVANHIPPARGA, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
