IFSC Code of Indian Bank, Labana Teku Branch, Punjab

Use this page as a one-stop reference for everything related to Indian Bank's LABANA TEKU branch in LUBANA TEKU, PUNJAB. The branch's IFSC code IDIB000L021 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 – LABANA TEKU is IDIB000L021. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00L021 map to this branch in LUBANA TEKU, PUNJAB.

About Indian Bank

Indian Bank operates a wide network of branches across India, including the Labana Teku branch in Lubana Teku. 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, IDIB000L021.

Branch details at a glance

About this branch

The branch is located at LUBANA TEKU LUBANA TEKU LUBANA TEKU LUBANA KARMU TEHSIL NABHA PIN 147201. It serves the Lubana Teku 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 IDIB000L021 is used to identify this branch on the RBI payments network.

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 LABANA TEKU of Indian Bank — its own 11-character IFSC. The code IDIB000L021 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 IDIB000L021 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 Labana Teku branch is mapped to IFSC IDIB000L021 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 IDIB000L021.

Banking services available

The Labana Teku branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1765-285038.

• 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 IDIB000L021

How to transfer money using IFSC IDIB000L021

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 IDIB000L021 across all three.

NEFT to Indian Bank, LABANA TEKU using IFSC IDIB000L021

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 IDIB000L021, and confirm that the system picks up Indian Bank – LABANA TEKU. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to LABANA TEKU

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's LABANA TEKU branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000L021 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank LABANA TEKU (IFSC IDIB000L021)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000L021 in your mobile or internet banking app, and the money is credited to the LABANA TEKU branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Labana Teku

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 IDIB000L021:

• 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 LABANA TEKU is still linked to IFSC IDIB000L021.

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.

UPI payments and IFSC IDIB000L021

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Bank – LABANA TEKU is still mapped to IFSC IDIB000L021. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IDIB000L021 and the beneficiary's account number to complete the transfer.

Online banking and IFSC IDIB000L021

Indian Bank customers can register for net banking and the bank's official mobile app once their account at the LABANA TEKU 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 IDIB000L021 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.

MICR & cheque-truncation details

Cheques drawn on the Labana Teku branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000L021 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – LABANA TEKU:

• The IFSC is exactly IDIB000L021 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 LABANA TEKU 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.

How to reach the Labana Teku branch

The branch is located at LUBANA TEKU LUBANA TEKU LUBANA TEKU LUBANA KARMU TEHSIL NABHA PIN 147201, which puts it inside Lubana Teku, the broader Patiala district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Bank Labana Teku branch” — the verified location pin for IFSC IDIB000L021 should appear at the top of the results.
2. Confirm the branch is open by calling 1765-285038 before stepping out, especially around public holidays.
3. 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 IDIB000L021 and your account number.

Verifying IFSC IDIB000L021 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 IDIB000L021 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 1765-285038.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Labana Teku 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 IDIB000L021 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: IDIB000L021 is the IFSC code of Indian Bank, LABANA TEKU branch, in LUBANA TEKU, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.