If you are searching for the IFSC code of Indian Bank, ELECTRONIC CITY branch in ELECTRONIC CITY PHASE ONE, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is IDIB000E024. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the ELECTRONIC CITY branch, and detailed step-by-step guides for using the IFSC IDIB000E024 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – ELECTRONIC CITY is IDIB000E024. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00E024 map to this branch in ELECTRONIC CITY PHASE ONE, KARNATAKA.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Electronic City |
| IFSC Code | IDIB000E024 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC CITY PHASE 1 ELECTRONICS CITY PIN 560100 |
| City | Electronic City Phase One |
| District | Bangalore |
| State | Karnataka |
| STD Code | 80 |
| Phone | 22958820 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Electronic City branch in Electronic City Phase One, Karnataka is part of this network and uses the IFSC code IDIB000E024 for all electronic settlement.
Electronic City branch overview
Located at SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC CITY PHASE 1 ELECTRONICS CITY PIN 560100, the Electronic City branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000E024 is required for all interbank electronic transfers routed through this branch.
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 ELECTRONIC CITY of Indian Bank — its own 11-character IFSC. The code IDIB000E024 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 IDIB000E024 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IDIB000E024
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 IDIB000E024 across all three.
NEFT to Indian Bank, ELECTRONIC CITY using IFSC IDIB000E024
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 IDIB000E024, and confirm that the system picks up Indian Bank – ELECTRONIC CITY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000E024
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 – ELECTRONIC CITY, ensure your bank's portal accepts IFSC IDIB000E024 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – ELECTRONIC CITY, use IMPS. With IFSC IDIB000E024 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 Electronic City
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 IDIB000E024:
- 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 ELECTRONIC CITY is still linked to IFSC IDIB000E024.
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 IDIB000E024
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 – ELECTRONIC CITY is still mapped to IFSC IDIB000E024. 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 IDIB000E024 and the beneficiary's account number to complete the transfer.
Account types you can open at the Electronic City branch
Once you have an account at Indian Bank – ELECTRONIC CITY, the IFSC IDIB000E024 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.
Banking services available
The Electronic City branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 80-22958820.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDIB000E024
MICR & cheque-truncation details
Cheques drawn on the Electronic City branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000E024 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IDIB000E024
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the ELECTRONIC CITY 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 IDIB000E024 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.
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 – ELECTRONIC CITY:
- The IFSC is exactly IDIB000E024 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 ELECTRONIC CITY 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 Electronic City branch
The branch is located at SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC CITY PHASE 1 ELECTRONICS CITY PIN 560100, which puts it inside Electronic City Phase One, the broader Bangalore district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Electronic City branch” — the verified location pin for IFSC IDIB000E024 should appear at the top of the results.
- Confirm the branch is open by calling 80-22958820 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 IDIB000E024 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000E024 for Indian Bank – ELECTRONIC CITY, 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.
Working hours
Branch counters at Electronic City 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 IDIB000E024 continue to work without interruption.
Branch address & contact
Indian BankElectronic City Branch
SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC CITY PHASE 1 ELECTRONICS CITY PIN 560100
Electronic City Phase One, Karnataka
Phone: 80-22958820
IFSC: IDIB000E024
Frequently asked questions
Is IFSC IDIB000E024 valid for NEFT and RTGS?
Yes. IFSC IDIB000E024 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indian Bank Electronic City branch?
You can reach the branch at 80-22958820 during regular banking hours.
Where is Indian Bank Electronic City branch located?
Indian Bank's Electronic City branch is located at SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC CITY PHASE 1 ELECTRONICS CITY PIN 560100, Electronic City Phase One, Karnataka.
How quickly will an NEFT transfer using IDIB000E024 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Electronic City reflect within 30 minutes.
Can I use IFSC IDIB000E024 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000E024 to send funds instantly.
Does Indian Bank Electronic City branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 80-22958820 to confirm.
Summary
The IFSC code IDIB000E024 belongs to Indian Bank's ELECTRONIC CITY branch, located at SURVEY NO7 P) ELCIA BUILDINGS OPP TO INFOSYS BUS PARKING GATE 6 ELECTRONIC… in ELECTRONIC CITY PHASE ONE, KARNATAKA. 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.
