If you are searching for the IFSC code of Indian Bank, LATAKI branch in LATAKI, JHARKHAND, this page has every detail you need. The verified IFSC code for this branch is IDIB000L029. 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 LATAKI branch, and detailed step-by-step guides for using the IFSC IDIB000L029 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.
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, IDIB000L029 is the IFSC of Indian Bank's LATAKI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00L029 = branch identifier.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Lataki branch — IFSC IDIB000L029 — extends the bank's services to customers in and around Lataki, Jharkhand.
About this branch
The branch is located at LATAKI CHOWK VILL PO LATAKI PS JAMUA LATAKI LATAKI PIN 815315. It serves the Lataki region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Bank. The IFSC IDIB000L029 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Lataki |
| IFSC Code | IDIB000L029 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LATAKI CHOWK VILL PO LATAKI PS JAMUA LATAKI LATAKI PIN 815315 |
| City | Lataki |
| District | Giridih |
| State | Jharkhand |
| STD Code | 91 |
| Phone | 7485806181 |
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 LATAKI branch came to be assigned the code IDIB000L029.
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 IDIB000L029, money simply cannot be routed to the LATAKI branch electronically.
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 IDIB000L029 and the account number together uniquely identify the Lataki branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000L029
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 IDIB000L029 across all three.
How to use IFSC IDIB000L029 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's LATAKI 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 IDIB000L029.
- Confirm the bank name auto-populates as Indian Bank and the branch as LATAKI.
- 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 LATAKI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's LATAKI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000L029 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Bank LATAKI (IFSC IDIB000L029)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000L029 in your mobile or internet banking app, and the money is credited to the LATAKI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Lataki
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 IDIB000L029:
- 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 LATAKI is still linked to IFSC IDIB000L029.
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 LATAKI branch, the IFSC IDIB000L029 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 Lataki branch is mapped to IFSC IDIB000L029 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 IDIB000L029.
Products and services
Customers walking into the Lataki 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 IDIB000L029
Digital banking channels
Most day-to-day work that customers used to do at the Lataki 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 IDIB000L029 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.
How to reach the Lataki branch
The branch is located at LATAKI CHOWK VILL PO LATAKI PS JAMUA LATAKI LATAKI PIN 815315, which puts it inside Lataki, the broader Giridih district, and the state of Jharkhand. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Lataki branch” — the verified location pin for IFSC IDIB000L029 should appear at the top of the results.
- Confirm the branch is open by calling 91-7485806181 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 IDIB000L029 and your account number.
Common mistakes to avoid when using IFSC IDIB000L029
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 – LATAKI, 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:
IDIB000L029. - 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 Lataki 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 IDIB000L029 continue to work without interruption.
Verifying IFSC IDIB000L029 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 IDIB000L029 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7485806181.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankLataki Branch
LATAKI CHOWK VILL PO LATAKI PS JAMUA LATAKI LATAKI PIN 815315
Lataki, Jharkhand
Phone: 91-7485806181
IFSC: IDIB000L029
Frequently asked questions
Is IFSC IDIB000L029 the same for all accounts at Lataki branch?
Yes. The IFSC IDIB000L029 is shared by every account held at Indian Bank's Lataki branch. Only the account number changes from customer to customer.
Is IFSC IDIB000L029 valid for NEFT and RTGS?
Yes. IFSC IDIB000L029 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IDIB000L029 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Lataki reflect within 30 minutes.
Does Indian Bank Lataki branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7485806181 to confirm.
How do I add Indian Bank Lataki as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000L029, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Bank Lataki branch?
The IFSC code of Indian Bank, Lataki branch is IDIB000L029. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IDIB000L029 belongs to Indian Bank's LATAKI branch, located at LATAKI CHOWK VILL PO LATAKI PS JAMUA LATAKI LATAKI PIN 815315 in LATAKI, JHARKHAND. 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.
