Below are the complete branch details for Indian Bank, PIMPRI CHINCHWAD branch, located in CHINCHWAD, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000P159. 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 IDIB000P159 for Indian Bank – PIMPRI CHINCHWAD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 PIMPRI CHINCHWAD branch, the IFSC IDIB000P159 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00P159 identifies this particular branch.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Pimpri Chinchwad branch in Chinchwad. 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, IDIB000P159.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Pimpri Chinchwad |
| IFSC Code | IDIB000P159 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019 |
| City | Chinchwad |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 27464326 |
About this branch
The branch is located at 8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019. It serves the Chinchwad 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 IDIB000P159 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 PIMPRI CHINCHWAD branch came to be assigned the code IDIB000P159.
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 IDIB000P159, money simply cannot be routed to the PIMPRI CHINCHWAD branch electronically.
Account types you can open at the Pimpri Chinchwad branch
Once you have an account at Indian Bank – PIMPRI CHINCHWAD, the IFSC IDIB000P159 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 Pimpri Chinchwad 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 IDIB000P159
How to transfer money using IFSC IDIB000P159
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 IDIB000P159 across all three.
How to use IFSC IDIB000P159 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's PIMPRI CHINCHWAD 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 IDIB000P159.
- Confirm the bank name auto-populates as Indian Bank and the branch as PIMPRI CHINCHWAD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000P159
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 – PIMPRI CHINCHWAD, ensure your bank's portal accepts IFSC IDIB000P159 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – PIMPRI CHINCHWAD, use IMPS. With IFSC IDIB000P159 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 IDIB000P159 for Indian Bank – PIMPRI CHINCHWAD, 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 – IDIB000P159 | Yes – IDIB000P159 | Yes – IDIB000P159 |
For most retail customers crediting the Pimpri Chinchwad 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 PIMPRI CHINCHWAD branch, the IFSC IDIB000P159 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.
Online banking and IFSC IDIB000P159
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the PIMPRI CHINCHWAD 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 IDIB000P159 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.
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 IDIB000P159 and the account number together uniquely identify the Pimpri Chinchwad 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 IDIB000P159
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 – PIMPRI CHINCHWAD, 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:
IDIB000P159. - 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.
Reaching the branch
The Pimpri Chinchwad branch sits at 8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019. If you are travelling from outside Chinchwad, search for the branch on a maps application using the bank name and locality, or call 20-27464326 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 IDIB000P159 and your account number.
Verifying IFSC IDIB000P159 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 IDIB000P159 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 20-27464326.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Pimpri Chinchwad 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 IDIB000P159 continue to work without interruption.
Branch address & contact
Indian BankPimpri Chinchwad Branch
8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019
Chinchwad, Maharashtra
Phone: 20-27464326
IFSC: IDIB000P159
Frequently asked questions
What is the IFSC code of Indian Bank Pimpri Chinchwad branch?
The IFSC code of Indian Bank, Pimpri Chinchwad branch is IDIB000P159. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Indian Bank Pimpri Chinchwad branch?
You can reach the branch at 20-27464326 during regular banking hours.
Can I use IFSC IDIB000P159 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000P159 to send funds instantly.
Is IFSC IDIB000P159 the same for all accounts at Pimpri Chinchwad branch?
Yes. The IFSC IDIB000P159 is shared by every account held at Indian Bank's Pimpri Chinchwad branch. Only the account number changes from customer to customer.
Where is Indian Bank Pimpri Chinchwad branch located?
Indian Bank's Pimpri Chinchwad branch is located at 8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019, Chinchwad, Maharashtra.
Is IFSC IDIB000P159 valid for NEFT and RTGS?
Yes. IFSC IDIB000P159 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IDIB000P159 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Pimpri Chinchwad reflect within 30 minutes.
How do I add Indian Bank Pimpri Chinchwad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000P159, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IDIB000P159 belongs to Indian Bank's PIMPRI CHINCHWAD branch, located at 8 BC GROUND FLOOR HIRAMOTI FORTUNE CHINCHWAD NEAR CHINCHWAD STATION PIN 411019 in CHINCHWAD, 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.
