Use this page as a one-stop reference for everything related to Indian Bank's SILVASA branch in DADRA AND NAGAR HAVELI, DADRA AND NAGAR HAVELI. The branch's IFSC code IDIB000S187 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, IDIB000S187 is the IFSC of Indian Bank's SILVASA branch. The format is fixed: IDIB = bank code, 0 = reserved, 00S187 = branch identifier.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Silvasa branch — IFSC IDIB000S187 — extends the bank's services to customers in and around Dadra and Nagar Haveli, Dadra and Nagar Haveli.
About the Silvasa branch
The Silvasa branch of Indian Bank is situated at 348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230. 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 IDIB000S187 is used.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Silvasa |
| IFSC Code | IDIB000S187 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230 |
| City | Dadra and Nagar Haveli |
| District | Dadra and Nagar Haveli |
| State | Dadra and Nagar Haveli |
| STD Code | 260 |
| Phone | 2644696 |
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 SILVASA branch came to be assigned the code IDIB000S187.
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 IDIB000S187, money simply cannot be routed to the SILVASA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Silvasa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000S187 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IDIB000S187
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 IDIB000S187 across all three.
NEFT to Indian Bank, SILVASA using IFSC IDIB000S187
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 IDIB000S187, and confirm that the system picks up Indian Bank – SILVASA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000S187
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 – SILVASA, ensure your bank's portal accepts IFSC IDIB000S187 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank SILVASA (IFSC IDIB000S187)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000S187 in your mobile or internet banking app, and the money is credited to the SILVASA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Silvasa
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 IDIB000S187:
- 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 SILVASA is still linked to IFSC IDIB000S187.
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 SILVASA branch, the IFSC IDIB000S187 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.
Account types you can open at the Silvasa branch
Once you have an account at Indian Bank – SILVASA, the IFSC IDIB000S187 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 Silvasa 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 IDIB000S187
Online banking and IFSC IDIB000S187
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the SILVASA 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 IDIB000S187 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.
Reaching the branch
The Silvasa branch sits at 348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230. If you are travelling from outside Dadra and Nagar Haveli, search for the branch on a maps application using the bank name and locality, or call 260-2644696 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 IDIB000S187 and your account number.
Common mistakes to avoid when using IFSC IDIB000S187
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 – SILVASA, 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:
IDIB000S187. - 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.
Working hours
Branch counters at Silvasa 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 IDIB000S187 continue to work without interruption.
Verifying IFSC IDIB000S187 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 IDIB000S187 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 260-2644696.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankSilvasa Branch
348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230
Dadra and Nagar Haveli, Dadra and Nagar Haveli
Phone: 260-2644696
IFSC: IDIB000S187
Frequently asked questions
Can I use IFSC IDIB000S187 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000S187 to send funds instantly.
Where is Indian Bank Silvasa branch located?
Indian Bank's Silvasa branch is located at 348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230, Dadra and Nagar Haveli, Dadra and Nagar Haveli.
How do I add Indian Bank Silvasa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S187, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000S187 the same for all accounts at Silvasa branch?
Yes. The IFSC IDIB000S187 is shared by every account held at Indian Bank's Silvasa branch. Only the account number changes from customer to customer.
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 Silvasa branch but serve different purposes.
What is the IFSC code of Indian Bank Silvasa branch?
The IFSC code of Indian Bank, Silvasa branch is IDIB000S187. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IDIB000S187 belongs to Indian Bank's SILVASA branch, located at 348/3/2NIKHILESHWAR OPP PRAMUKH DARSHAN NAROLI ROAD SILVASA PIN 396230 in DADRA AND NAGAR HAVELI, DADRA AND NAGAR HAVELI. 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.
