Use this page as a one-stop reference for everything related to Indian Bank's VIDEOCON APPLIANCES AURANGABAD branch in CHITEGAON, MAHARASHTRA. The branch's IFSC code IDIB000V097 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 VIDEOCON APPLIANCES AURANGABAD branch, the IFSC IDIB000V097 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00V097 identifies this particular branch.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Videocon Appliances Aurangabad branch — IFSC IDIB000V097 — extends the bank's services to customers in and around Chitegaon, Maharashtra.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Videocon Appliances Aurangabad |
| IFSC Code | IDIB000V097 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105 |
| City | Chitegaon |
| District | Aurangabad |
| State | Maharashtra |
| STD Code | 2431 |
| Phone | 251266 |
About the Videocon Appliances Aurangabad branch
The Videocon Appliances Aurangabad branch of Indian Bank is situated at VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105. 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 IDIB000V097 is used.
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 VIDEOCON APPLIANCES AURANGABAD of Indian Bank — its own 11-character IFSC. The code IDIB000V097 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 IDIB000V097 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Videocon Appliances Aurangabad branch is mapped to IFSC IDIB000V097 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 IDIB000V097.
Products and services
Customers walking into the Videocon Appliances Aurangabad 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 IDIB000V097
How to transfer money using IFSC IDIB000V097
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 IDIB000V097 across all three.
NEFT to Indian Bank, VIDEOCON APPLIANCES AURANGABAD using IFSC IDIB000V097
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 IDIB000V097, and confirm that the system picks up Indian Bank – VIDEOCON APPLIANCES AURANGABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to VIDEOCON APPLIANCES AURANGABAD
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's VIDEOCON APPLIANCES AURANGABAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000V097 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 – VIDEOCON APPLIANCES AURANGABAD, use IMPS. With IFSC IDIB000V097 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 Videocon Appliances Aurangabad
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 IDIB000V097:
- 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 VIDEOCON APPLIANCES AURANGABAD is still linked to IFSC IDIB000V097.
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 IDIB000V097
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 – VIDEOCON APPLIANCES AURANGABAD is still mapped to IFSC IDIB000V097. 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 IDIB000V097 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IDIB000V097
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the VIDEOCON APPLIANCES AURANGABAD 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 IDIB000V097 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 & cheque-truncation details
Cheques drawn on the Videocon Appliances Aurangabad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000V097 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – VIDEOCON APPLIANCES AURANGABAD:
- The IFSC is exactly IDIB000V097 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 VIDEOCON APPLIANCES AURANGABAD 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 Videocon Appliances Aurangabad branch
The branch is located at VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105, which puts it inside Chitegaon, the broader Aurangabad district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Videocon Appliances Aurangabad branch” — the verified location pin for IFSC IDIB000V097 should appear at the top of the results.
- Confirm the branch is open by calling 2431-251266 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 IDIB000V097 and your account number.
Verifying IFSC IDIB000V097 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 IDIB000V097 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2431-251266.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Videocon Appliances Aurangabad 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 IDIB000V097 continue to work without interruption.
Branch address & contact
Indian BankVideocon Appliances Aurangabad Branch
VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105
Chitegaon, Maharashtra
Phone: 2431-251266
IFSC: IDIB000V097
Frequently asked questions
What is the IFSC code of Indian Bank Videocon Appliances Aurangabad branch?
The IFSC code of Indian Bank, Videocon Appliances Aurangabad branch is IDIB000V097. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IDIB000V097 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Videocon Appliances Aurangabad reflect within 30 minutes.
Is IFSC IDIB000V097 the same for all accounts at Videocon Appliances Aurangabad branch?
Yes. The IFSC IDIB000V097 is shared by every account held at Indian Bank's Videocon Appliances Aurangabad branch. Only the account number changes from customer to customer.
How do I add Indian Bank Videocon Appliances Aurangabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000V097, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Bank Videocon Appliances Aurangabad branch located?
Indian Bank's Videocon Appliances Aurangabad branch is located at VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105, Chitegaon, Maharashtra.
Can I use IFSC IDIB000V097 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000V097 to send funds instantly.
What is the phone number of Indian Bank Videocon Appliances Aurangabad branch?
You can reach the branch at 2431-251266 during regular banking hours.
Is IFSC IDIB000V097 valid for NEFT and RTGS?
Yes. IFSC IDIB000V097 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IDIB000V097 belongs to Indian Bank's VIDEOCON APPLIANCES AURANGABAD branch, located at VIDEOCON APPLIANCES PAITHAN ROAD CHITEGAON CHITEGAON PIN 431105 in CHITEGAON, 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.
