This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, LATEHAR branch in LATEHAR. The 11-digit IFSC IDIB000L534 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the LATEHAR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – LATEHAR is IDIB000L534. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00L534 map to this branch in LATEHAR, JHARKHAND.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Latehar |
| IFSC Code | IDIB000L534 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206 |
| City | Latehar |
| District | Latehar |
| State | Jharkhand |
| STD Code | 91 |
| Phone | 6280315176 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Latehar branch in Latehar, Jharkhand is part of this network and uses the IFSC code IDIB000L534 for all electronic settlement.
About the Latehar branch
The Latehar branch of Indian Bank is situated at MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206. 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 IDIB000L534 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 LATEHAR branch came to be assigned the code IDIB000L534.
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 IDIB000L534, money simply cannot be routed to the LATEHAR branch electronically.
How to transfer money using IFSC IDIB000L534
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 IDIB000L534 across all three.
NEFT to Indian Bank, LATEHAR using IFSC IDIB000L534
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 IDIB000L534, and confirm that the system picks up Indian Bank – LATEHAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000L534
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 – LATEHAR, ensure your bank's portal accepts IFSC IDIB000L534 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – LATEHAR, use IMPS. With IFSC IDIB000L534 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 Latehar
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 IDIB000L534:
- 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 LATEHAR is still linked to IFSC IDIB000L534.
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 LATEHAR branch, the IFSC IDIB000L534 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 Latehar branch is mapped to IFSC IDIB000L534 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 IDIB000L534.
Products and services
Customers walking into the Latehar 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 IDIB000L534
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 IDIB000L534 and the account number together uniquely identify the Latehar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IDIB000L534
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the LATEHAR 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 IDIB000L534 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.
Common mistakes to avoid when using IFSC IDIB000L534
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 – LATEHAR, 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:
IDIB000L534. - 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.
Reaching the branch
The Latehar branch sits at MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206. If you are travelling from outside Latehar, search for the branch on a maps application using the bank name and locality, or call 91-6280315176 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 IDIB000L534 and your account number.
Verifying IFSC IDIB000L534 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 IDIB000L534 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-6280315176.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Latehar 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 IDIB000L534 continue to work without interruption.
Branch address & contact
Indian BankLatehar Branch
MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206
Latehar, Jharkhand
Phone: 91-6280315176
IFSC: IDIB000L534
Frequently asked questions
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 Latehar branch but serve different purposes.
Does Indian Bank Latehar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-6280315176 to confirm.
Is IFSC IDIB000L534 the same for all accounts at Latehar branch?
Yes. The IFSC IDIB000L534 is shared by every account held at Indian Bank's Latehar branch. Only the account number changes from customer to customer.
Where is Indian Bank Latehar branch located?
Indian Bank's Latehar branch is located at MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206, Latehar, Jharkhand.
Is IFSC IDIB000L534 valid for NEFT and RTGS?
Yes. IFSC IDIB000L534 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Indian Bank Latehar branch?
The IFSC code of Indian Bank, Latehar branch is IDIB000L534. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IDIB000L534 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Latehar reflect within 30 minutes.
How do I add Indian Bank Latehar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000L534, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IDIB000L534 belongs to Indian Bank's LATEHAR branch, located at MAIN ROAD LATEHAR LATEHAR LATEHAR PIN 829206 in LATEHAR, 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.
