IFSC Code of Indian Bank, Ambedkar Chowk Branch Gadwal Branch, Telangana

Use this page as a one-stop reference for everything related to Indian Bank's AMBEDKAR CHOWK BRANCH GADWAL branch in GADWAL, TELANGANA. The branch's IFSC code IDIB000G509 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.

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 – AMBEDKAR CHOWK BRANCH GADWAL is IDIB000G509. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00G509 map to this branch in GADWAL, TELANGANA.

Bank profile

Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Ambedkar Chowk Branch Gadwal branch — IFSC IDIB000G509 — extends the bank's services to customers in and around Gadwal, Telangana.

Branch details at a glance

Ambedkar Chowk Branch Gadwal branch overview

Located at ALLAHABAD BANKHNO 19191 OPP TO DSP OFFICE AMBEDKAR CHOWK GADWAL GADWAL PIN 509125, the Ambedkar Chowk Branch Gadwal branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000G509 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 AMBEDKAR CHOWK BRANCH GADWAL of Indian Bank — its own 11-character IFSC. The code IDIB000G509 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 IDIB000G509 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 Ambedkar Chowk Branch Gadwal branch is mapped to IFSC IDIB000G509 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 IDIB000G509.

Banking services available

The Ambedkar Chowk Branch Gadwal branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8096834078.

• 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 IDIB000G509

How to transfer money using IFSC IDIB000G509

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 IDIB000G509 across all three.

How to use IFSC IDIB000G509 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's AMBEDKAR CHOWK BRANCH GADWAL 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IDIB000G509.
4. Confirm the bank name auto-populates as Indian Bank and the branch as AMBEDKAR CHOWK BRANCH GADWAL.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to AMBEDKAR CHOWK BRANCH GADWAL

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's AMBEDKAR CHOWK BRANCH GADWAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000G509 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank AMBEDKAR CHOWK BRANCH GADWAL (IFSC IDIB000G509)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000G509 in your mobile or internet banking app, and the money is credited to the AMBEDKAR CHOWK BRANCH GADWAL branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC IDIB000G509 for Indian Bank – AMBEDKAR CHOWK BRANCH GADWAL, 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.

For most retail customers crediting the Ambedkar Chowk Branch Gadwal 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 AMBEDKAR CHOWK BRANCH GADWAL branch, the IFSC IDIB000G509 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.

Digital banking channels

Most day-to-day work that customers used to do at the Ambedkar Chowk Branch Gadwal branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDIB000G509 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

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 IDIB000G509 and the account number together uniquely identify the Ambedkar Chowk Branch Gadwal branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – AMBEDKAR CHOWK BRANCH GADWAL:

• The IFSC is exactly IDIB000G509 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 AMBEDKAR CHOWK BRANCH GADWAL 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.

Reaching the branch

The Ambedkar Chowk Branch Gadwal branch sits at ALLAHABAD BANKHNO 19191 OPP TO DSP OFFICE AMBEDKAR CHOWK GADWAL GADWAL PIN 509125. If you are travelling from outside Gadwal, search for the branch on a maps application using the bank name and locality, or call 91-8096834078 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 IDIB000G509 and your account number.

Verifying IFSC IDIB000G509 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 IDIB000G509 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-8096834078.
• Visiting the bank's official branch locator page.

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 Ambedkar Chowk Branch Gadwal branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000G509, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDIB000G509 belongs to Indian Bank's AMBEDKAR CHOWK BRANCH GADWAL branch, located at ALLAHABAD BANKHNO 19191 OPP TO DSP OFFICE AMBEDKAR CHOWK GADWAL GADWAL PIN… in GADWAL, TELANGANA. 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.