Below are the complete branch details for Indian Bank, MADURANTAKAM branch, located in MADURANTAKAM, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000M072. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IDIB000M072 for Indian Bank – MADURANTAKAM — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – MADURANTAKAM is IDIB000M072. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00M072 map to this branch in MADURANTAKAM, TAMIL NADU.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Madurantakam branch in Madurantakam, Tamil Nadu is part of this network and uses the IFSC code IDIB000M072 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Madurantakam |
| IFSC Code | IDIB000M072 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306 |
| City | Madurantakam |
| District | Chengalpattu |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 27552344 |
About the Madurantakam branch
The Madurantakam branch of Indian Bank is situated at 93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306. 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 IDIB000M072 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 MADURANTAKAM branch came to be assigned the code IDIB000M072.
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 IDIB000M072, money simply cannot be routed to the MADURANTAKAM branch electronically.
Account types you can open at the Madurantakam branch
Once you have an account at Indian Bank – MADURANTAKAM, the IFSC IDIB000M072 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.
Banking services available
The Madurantakam branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-27552344.
- 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 IDIB000M072
How to transfer money using IFSC IDIB000M072
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 IDIB000M072 across all three.
NEFT to Indian Bank, MADURANTAKAM using IFSC IDIB000M072
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 IDIB000M072, and confirm that the system picks up Indian Bank – MADURANTAKAM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000M072
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 – MADURANTAKAM, ensure your bank's portal accepts IFSC IDIB000M072 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank MADURANTAKAM (IFSC IDIB000M072)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000M072 in your mobile or internet banking app, and the money is credited to the MADURANTAKAM branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Madurantakam
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 IDIB000M072:
- 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 MADURANTAKAM is still linked to IFSC IDIB000M072.
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 IDIB000M072
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 – MADURANTAKAM is still mapped to IFSC IDIB000M072. 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 IDIB000M072 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Madurantakam 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 IDIB000M072 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.
MICR & cheque-truncation details
Cheques drawn on the Madurantakam branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000M072 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 – MADURANTAKAM:
- The IFSC is exactly IDIB000M072 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 MADURANTAKAM 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.
Reaching the branch
The Madurantakam branch sits at 93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306. If you are travelling from outside Madurantakam, search for the branch on a maps application using the bank name and locality, or call 44-27552344 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 IDIB000M072 and your account number.
Verifying IFSC IDIB000M072 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 IDIB000M072 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-27552344.
- 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 Madurantakam branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M072, however, work 24x7.
Branch address & contact
Indian BankMadurantakam Branch
93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306
Madurantakam, Tamil Nadu
Phone: 44-27552344
IFSC: IDIB000M072
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 Madurantakam branch but serve different purposes.
Is IFSC IDIB000M072 valid for NEFT and RTGS?
Yes. IFSC IDIB000M072 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC IDIB000M072 the same for all accounts at Madurantakam branch?
Yes. The IFSC IDIB000M072 is shared by every account held at Indian Bank's Madurantakam branch. Only the account number changes from customer to customer.
Can I use IFSC IDIB000M072 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000M072 to send funds instantly.
How quickly will an NEFT transfer using IDIB000M072 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Madurantakam reflect within 30 minutes.
Does Indian Bank Madurantakam branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-27552344 to confirm.
Where is Indian Bank Madurantakam branch located?
Indian Bank's Madurantakam branch is located at 93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306, Madurantakam, Tamil Nadu.
What is the IFSC code of Indian Bank Madurantakam branch?
The IFSC code of Indian Bank, Madurantakam branch is IDIB000M072. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IDIB000M072 belongs to Indian Bank's MADURANTAKAM branch, located at 93/48 CAR STREET THERADI THERU MADURANTAKAM MADURANTAKAM PIN 603306 in MADURANTAKAM, TAMIL NADU. 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.
