Use this page as a one-stop reference for everything related to Indian Bank's RAJIV BHAWAN branch in KHURDA, ODISHA. The branch's IFSC code IDIB000R157 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, IDIB000R157 is the IFSC of Indian Bank's RAJIV BHAWAN branch. The format is fixed: IDIB = bank code, 0 = reserved, 00R157 = branch identifier.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Rajiv Bhawan |
| IFSC Code | IDIB000R157 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001 |
| City | Khurda |
| District | Khurda |
| State | Odisha |
| STD Code | 91 |
| Phone | 8372853309 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Rajiv Bhawan branch in Khurda, Odisha is part of this network and uses the IFSC code IDIB000R157 for all electronic settlement.
About the Rajiv Bhawan branch
The Rajiv Bhawan branch of Indian Bank is situated at RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001. 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 IDIB000R157 is used.
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 RAJIV BHAWAN branch came to be assigned the code IDIB000R157.
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 IDIB000R157, money simply cannot be routed to the RAJIV BHAWAN branch electronically.
How to transfer money using IFSC IDIB000R157
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 IDIB000R157 across all three.
How to use IFSC IDIB000R157 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's RAJIV BHAWAN 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 IDIB000R157.
- Confirm the bank name auto-populates as Indian Bank and the branch as RAJIV BHAWAN.
- 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 RAJIV BHAWAN
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's RAJIV BHAWAN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000R157 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 – RAJIV BHAWAN, use IMPS. With IFSC IDIB000R157 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 Rajiv Bhawan
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 IDIB000R157:
- 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 RAJIV BHAWAN is still linked to IFSC IDIB000R157.
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 RAJIV BHAWAN branch, the IFSC IDIB000R157 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 Rajiv Bhawan branch is mapped to IFSC IDIB000R157 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 IDIB000R157.
Products and services
Customers walking into the Rajiv Bhawan 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 IDIB000R157
MICR & cheque-truncation details
Cheques drawn on the Rajiv Bhawan branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000R157 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IDIB000R157
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the RAJIV BHAWAN 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 IDIB000R157 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 – RAJIV BHAWAN:
- The IFSC is exactly IDIB000R157 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 RAJIV BHAWAN 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 Rajiv Bhawan branch sits at RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001. If you are travelling from outside Khurda, search for the branch on a maps application using the bank name and locality, or call 91-8372853309 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 IDIB000R157 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000R157 for Indian Bank – RAJIV BHAWAN, 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 Rajiv Bhawan 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 IDIB000R157 continue to work without interruption.
Branch address & contact
Indian BankRajiv Bhawan Branch
RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001
Khurda, Odisha
Phone: 91-8372853309
IFSC: IDIB000R157
Frequently asked questions
How do I add Indian Bank Rajiv Bhawan as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000R157, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Bank Rajiv Bhawan branch located?
Indian Bank's Rajiv Bhawan branch is located at RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001, Khurda, Odisha.
Is IFSC IDIB000R157 valid for NEFT and RTGS?
Yes. IFSC IDIB000R157 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Bank Rajiv Bhawan branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8372853309 to confirm.
What is the phone number of Indian Bank Rajiv Bhawan branch?
You can reach the branch at 91-8372853309 during regular banking hours.
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 Rajiv Bhawan branch but serve different purposes.
Is IFSC IDIB000R157 the same for all accounts at Rajiv Bhawan branch?
Yes. The IFSC IDIB000R157 is shared by every account held at Indian Bank's Rajiv Bhawan branch. Only the account number changes from customer to customer.
Can I use IFSC IDIB000R157 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000R157 to send funds instantly.
Summary
The IFSC code IDIB000R157 belongs to Indian Bank's RAJIV BHAWAN branch, located at RAJIV BHAWAN BEHIND LOK SEVA BHAWAN UNIT5 BHUBANESWAR PIN 751001 in KHURDA, ODISHA. 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.
