Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Indian Bank, Bye Pass Road Madurai Branch, Tamil Nadu

    Check IFSC code IDIB000B167 for Indian Bank, Bye Pass Road Madurai Branch, Madurai. Branch address, phone, MICR code and bank transfer details on a single page.

    Use this page as a one-stop reference for everything related to Indian Bank's BYE PASS ROAD MADURAI branch in MADURAI, TAMIL NADU. The branch's IFSC code IDIB000B167 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.

    An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

    For Indian Bank's BYE PASS ROAD MADURAI branch, the IFSC IDIB000B167 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00B167 identifies this particular branch.

    About the bank

    Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bye Pass Road Madurai branch in Madurai, Tamil Nadu is part of this network and uses the IFSC code IDIB000B167 for all electronic settlement.

    About the Bye Pass Road Madurai branch

    The Bye Pass Road Madurai branch of Indian Bank is situated at 30C RAKESH TOWERS SUBRAMANIAN PILLAI STREET BYE PASS ROAD PONMENI PONMENI PIN 625010. 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 IDIB000B167 is used.

    Branch details at a glance

    Bank NameIndian Bank
    BranchBye Pass Road Madurai
    IFSC CodeIDIB000B167
    MICR CodeRefer to cheque leaf
    Branch Address30C RAKESH TOWERS SUBRAMANIAN PILLAI STREET BYE PASS ROAD PONMENI PONMENI PIN 625010
    CityMadurai
    DistrictMadurai
    StateTamil Nadu
    STD Code452
    Phone2600290

    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 BYE PASS ROAD MADURAI of Indian Bank — its own 11-character IFSC. The code IDIB000B167 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 IDIB000B167 the same way you would treat your account number — verify it once and save it carefully for future use.

    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 IDIB000B167 and the account number together uniquely identify the Bye Pass Road Madurai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    How to transfer money using IFSC IDIB000B167

    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 IDIB000B167 across all three.

    NEFT to Indian Bank, BYE PASS ROAD MADURAI using IFSC IDIB000B167

    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 IDIB000B167, and confirm that the system picks up Indian Bank – BYE PASS ROAD MADURAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    RTGS transfers via IFSC IDIB000B167

    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 – BYE PASS ROAD MADURAI, ensure your bank's portal accepts IFSC IDIB000B167 while registering the beneficiary. RTGS is also available 24x7.

    Send money instantly through IMPS

    For a real-time, anytime transfer to Indian Bank – BYE PASS ROAD MADURAI, use IMPS. With IFSC IDIB000B167 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 Bye Pass Road Madurai

    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 IDIB000B167:

    • 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 BYE PASS ROAD MADURAI is still linked to IFSC IDIB000B167.

    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 IDIB000B167

    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 – BYE PASS ROAD MADURAI is still mapped to IFSC IDIB000B167. 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 IDIB000B167 and the beneficiary's account number to complete the transfer.

    Account types you can open at the Bye Pass Road Madurai branch

    Once you have an account at Indian Bank – BYE PASS ROAD MADURAI, the IFSC IDIB000B167 stays the same regardless of the type of account you hold. The branch typically supports the following options:

    • Savings account — for individuals, with chequebook, ATM card and net-banking access.
    • Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
    • Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
    • NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
    • Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
    • Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
    • Minor and student accounts — operated jointly with a guardian until the customer turns 18.

    Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

    Products and services

    Customers walking into the Bye Pass Road Madurai 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 IDIB000B167

    Online banking and IFSC IDIB000B167

    Indian Bank customers can register for net banking and the bank's official mobile app once their account at the BYE PASS ROAD MADURAI 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 IDIB000B167 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.

    How to reach the Bye Pass Road Madurai branch

    The branch is located at 30C RAKESH TOWERS SUBRAMANIAN PILLAI STREET BYE PASS ROAD PONMENI PONMENI PIN 625010, which puts it inside Madurai, the broader Madurai district, and the state of Tamil Nadu. To plan your visit:

    1. Open Google Maps on your phone and search for “Indian Bank Bye Pass Road Madurai branch” — the verified location pin for IFSC IDIB000B167 should appear at the top of the results.
    2. Confirm the branch is open by calling 452-2600290 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 IDIB000B167 and your account number.

    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 – BYE PASS ROAD MADURAI:

    • The IFSC is exactly IDIB000B167 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 BYE PASS ROAD MADURAI 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.

    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 Bye Pass Road Madurai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000B167, however, work 24x7.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC IDIB000B167 for Indian Bank – BYE PASS ROAD MADURAI, 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.

    Branch address & contact

    Indian Bank
    Bye Pass Road Madurai Branch
    30C RAKESH TOWERS SUBRAMANIAN PILLAI STREET BYE PASS ROAD PONMENI PONMENI PIN 625010
    Madurai, Tamil Nadu
    Phone: 452-2600290
    IFSC: IDIB000B167

    Frequently asked questions

    Is IFSC IDIB000B167 valid for NEFT and RTGS?

    Yes. IFSC IDIB000B167 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    What is the phone number of Indian Bank Bye Pass Road Madurai branch?

    You can reach the branch at 452-2600290 during regular banking hours.

    Can I use IFSC IDIB000B167 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000B167 to send funds instantly.

    How do I add Indian Bank Bye Pass Road Madurai as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000B167, and complete OTP verification. Once activated, you can transfer funds at any time.

    Where is Indian Bank Bye Pass Road Madurai branch located?

    Indian Bank's Bye Pass Road Madurai branch is located at 30C RAKESH TOWERS SUBRAMANIAN PILLAI STREET BYE PASS ROAD PONMENI PONMENI PIN 625010, Madurai, Tamil Nadu.

    Does Indian Bank Bye Pass Road Madurai branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 452-2600290 to confirm.

    Is IFSC IDIB000B167 the same for all accounts at Bye Pass Road Madurai branch?

    Yes. The IFSC IDIB000B167 is shared by every account held at Indian Bank's Bye Pass Road Madurai branch. Only the account number changes from customer to customer.

    Final notes

    To recap: IDIB000B167 is the IFSC code of Indian Bank, BYE PASS ROAD MADURAI branch, in MADURAI, TAMIL NADU. 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.

    keyboard_arrow_up