If you are searching for the IFSC code of Indian Bank, MURWARA branch in MADHAVNAGAR, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is IDIB000M772. 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 MURWARA branch, and detailed step-by-step guides for using the IFSC IDIB000M772 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, IDIB000M772 is the IFSC of Indian Bank's MURWARA branch. The format is fixed: IDIB = bank code, 0 = reserved, 00M772 = branch identifier.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Murwara branch in Madhavnagar, Madhya Pradesh is part of this network and uses the IFSC code IDIB000M772 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Murwara |
| IFSC Code | IDIB000M772 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAIN MARKET ROAD ADM LINE MADHAVNAGAR MADHAVNAGAR PIN 483504 |
| City | Madhavnagar |
| District | Katni |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 7827679793 |
About this branch
The branch is located at MAIN MARKET ROAD ADM LINE MADHAVNAGAR MADHAVNAGAR PIN 483504. It serves the Madhavnagar 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 IDIB000M772 is used to identify this branch on the RBI payments network.
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 MURWARA branch came to be assigned the code IDIB000M772.
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 IDIB000M772, money simply cannot be routed to the MURWARA branch electronically.
Products and account variants supported
Every account opened at the Murwara branch is mapped to IFSC IDIB000M772 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 IDIB000M772.
Products and services
Customers walking into the Murwara 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 IDIB000M772
How to transfer money using IFSC IDIB000M772
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 IDIB000M772 across all three.
How to use IFSC IDIB000M772 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's MURWARA 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 IDIB000M772.
- Confirm the bank name auto-populates as Indian Bank and the branch as MURWARA.
- 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 MURWARA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's MURWARA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000M772 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 – MURWARA, use IMPS. With IFSC IDIB000M772 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000M772 for Indian Bank – MURWARA, 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 – IDIB000M772 | Yes – IDIB000M772 | Yes – IDIB000M772 |
For most retail customers crediting the Murwara 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 MURWARA branch, the IFSC IDIB000M772 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.
Online banking and IFSC IDIB000M772
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the MURWARA 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 IDIB000M772 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 Murwara branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000M772 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IDIB000M772
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 – MURWARA, 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:
IDIB000M772. - 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.
How to reach the Murwara branch
The branch is located at MAIN MARKET ROAD ADM LINE MADHAVNAGAR MADHAVNAGAR PIN 483504, which puts it inside Madhavnagar, the broader Katni district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Murwara branch” — the verified location pin for IFSC IDIB000M772 should appear at the top of the results.
- Confirm the branch is open by calling 91-7827679793 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 IDIB000M772 and your account number.
Verifying IFSC IDIB000M772 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 IDIB000M772 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7827679793.
- 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 Murwara branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M772, however, work 24x7.
Branch address & contact
Indian BankMurwara Branch
MAIN MARKET ROAD ADM LINE MADHAVNAGAR MADHAVNAGAR PIN 483504
Madhavnagar, Madhya Pradesh
Phone: 91-7827679793
IFSC: IDIB000M772
Frequently asked questions
How do I add Indian Bank Murwara as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000M772, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000M772 valid for NEFT and RTGS?
Yes. IFSC IDIB000M772 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Bank Murwara branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7827679793 to confirm.
Where is Indian Bank Murwara branch located?
Indian Bank's Murwara branch is located at MAIN MARKET ROAD ADM LINE MADHAVNAGAR MADHAVNAGAR PIN 483504, Madhavnagar, Madhya Pradesh.
Is IFSC IDIB000M772 the same for all accounts at Murwara branch?
Yes. The IFSC IDIB000M772 is shared by every account held at Indian Bank's Murwara branch. Only the account number changes from customer to customer.
Can I use IFSC IDIB000M772 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000M772 to send funds instantly.
How quickly will an NEFT transfer using IDIB000M772 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Murwara reflect within 30 minutes.
Final notes
To recap: IDIB000M772 is the IFSC code of Indian Bank, MURWARA branch, in MADHAVNAGAR, MADHYA PRADESH. 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.
