Use this page as a one-stop reference for everything related to Indian Bank's ITARSI branch in ITARSI, MADHYA PRADESH. The branch's IFSC code IDIB000I543 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, IDIB000I543 is the IFSC of Indian Bank's ITARSI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00I543 = branch identifier.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Itarsi |
| IFSC Code | IDIB000I543 |
| MICR Code | Refer to cheque leaf |
| Branch Address | FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111 |
| City | Itarsi |
| District | Narmadapuram |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9977425442 |
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Itarsi branch in Itarsi. 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, IDIB000I543.
Itarsi branch overview
Located at FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111, the Itarsi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000I543 is required for all interbank electronic transfers routed through this branch.
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 ITARSI branch came to be assigned the code IDIB000I543.
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 IDIB000I543, money simply cannot be routed to the ITARSI branch electronically.
How to transfer money using IFSC IDIB000I543
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 IDIB000I543 across all three.
How to use IFSC IDIB000I543 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's ITARSI 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 IDIB000I543.
- Confirm the bank name auto-populates as Indian Bank and the branch as ITARSI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000I543
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 – ITARSI, ensure your bank's portal accepts IFSC IDIB000I543 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank ITARSI (IFSC IDIB000I543)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000I543 in your mobile or internet banking app, and the money is credited to the ITARSI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000I543 for Indian Bank – ITARSI, 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 – IDIB000I543 | Yes – IDIB000I543 | Yes – IDIB000I543 |
For most retail customers crediting the Itarsi 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 ITARSI branch, the IFSC IDIB000I543 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.
Products and account variants supported
Every account opened at the Itarsi branch is mapped to IFSC IDIB000I543 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 IDIB000I543.
Banking services available
The Itarsi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9977425442.
- 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 IDIB000I543
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 IDIB000I543 and the account number together uniquely identify the Itarsi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IDIB000I543
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the ITARSI 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 IDIB000I543 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 – ITARSI:
- The IFSC is exactly IDIB000I543 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 ITARSI 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 Itarsi branch sits at FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111. If you are travelling from outside Itarsi, search for the branch on a maps application using the bank name and locality, or call 91-9977425442 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 IDIB000I543 and your account number.
Verifying IFSC IDIB000I543 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 IDIB000I543 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9977425442.
- 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 Itarsi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000I543, however, work 24x7.
Branch address & contact
Indian BankItarsi Branch
FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111
Itarsi, Madhya Pradesh
Phone: 91-9977425442
IFSC: IDIB000I543
Frequently asked questions
How quickly will an NEFT transfer using IDIB000I543 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Itarsi reflect within 30 minutes.
What is the phone number of Indian Bank Itarsi branch?
You can reach the branch at 91-9977425442 during regular banking hours.
Where is Indian Bank Itarsi branch located?
Indian Bank's Itarsi branch is located at FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111, Itarsi, Madhya Pradesh.
Can I use IFSC IDIB000I543 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000I543 to send funds instantly.
Does Indian Bank Itarsi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9977425442 to confirm.
Is IFSC IDIB000I543 valid for NEFT and RTGS?
Yes. IFSC IDIB000I543 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Itarsi branch but serve different purposes.
How do I add Indian Bank Itarsi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000I543, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IDIB000I543 belongs to Indian Bank's ITARSI branch, located at FOURTH LANE AZAD NAGAR NEAR MASJID ITARSI ITARSI PIN 461111 in ITARSI, MADHYA PRADESH. 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.
