Use this page as a one-stop reference for everything related to Indian Bank's MALLESWARAM branch in MALLESWARAM, KARNATAKA. The branch's IFSC code IDIB000M010 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.
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, IDIB000M010 is the IFSC of Indian Bank's MALLESWARAM branch. The format is fixed: IDIB = bank code, 0 = reserved, 00M010 = branch identifier.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Malleswaram branch — IFSC IDIB000M010 — extends the bank's services to customers in and around Malleswaram, Karnataka.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Malleswaram |
| IFSC Code | IDIB000M010 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 15 SARASWATHI COMPLEX 5TH CROSS MALLESWARAM MALLESWARAM PIN 560003 |
| City | Malleswaram |
| District | Bangalore |
| State | Karnataka |
| STD Code | 80 |
| Phone | 22958834 |
Malleswaram branch overview
Located at NO 15 SARASWATHI COMPLEX 5TH CROSS MALLESWARAM MALLESWARAM PIN 560003, the Malleswaram branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000M010 is required for all interbank electronic transfers routed through this branch.
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 MALLESWARAM branch came to be assigned the code IDIB000M010.
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 IDIB000M010, money simply cannot be routed to the MALLESWARAM branch electronically.
Products and account variants supported
Every account opened at the Malleswaram branch is mapped to IFSC IDIB000M010 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 IDIB000M010.
Banking services available
The Malleswaram branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 80-22958834.
- 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 IDIB000M010
How to transfer money using IFSC IDIB000M010
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 IDIB000M010 across all three.
NEFT to Indian Bank, MALLESWARAM using IFSC IDIB000M010
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 IDIB000M010, and confirm that the system picks up Indian Bank – MALLESWARAM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000M010
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 – MALLESWARAM, ensure your bank's portal accepts IFSC IDIB000M010 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – MALLESWARAM, use IMPS. With IFSC IDIB000M010 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 IDIB000M010 for Indian Bank – MALLESWARAM, 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 – IDIB000M010 | Yes – IDIB000M010 | Yes – IDIB000M010 |
For most retail customers crediting the Malleswaram 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.
UPI payments and IFSC IDIB000M010
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 – MALLESWARAM is still mapped to IFSC IDIB000M010. 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 IDIB000M010 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IDIB000M010
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the MALLESWARAM 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 IDIB000M010 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 Malleswaram branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000M010 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 – MALLESWARAM:
- The IFSC is exactly IDIB000M010 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 MALLESWARAM 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 Malleswaram branch sits at NO 15 SARASWATHI COMPLEX 5TH CROSS MALLESWARAM MALLESWARAM PIN 560003. If you are travelling from outside Malleswaram, search for the branch on a maps application using the bank name and locality, or call 80-22958834 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 IDIB000M010 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000M010 for Indian Bank – MALLESWARAM, 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 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 Malleswaram branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M010, however, work 24x7.
Branch address & contact
Indian BankMalleswaram Branch
NO 15 SARASWATHI COMPLEX 5TH CROSS MALLESWARAM MALLESWARAM PIN 560003
Malleswaram, Karnataka
Phone: 80-22958834
IFSC: IDIB000M010
Frequently asked questions
Where is Indian Bank Malleswaram branch located?
Indian Bank's Malleswaram branch is located at NO 15 SARASWATHI COMPLEX 5TH CROSS MALLESWARAM MALLESWARAM PIN 560003, Malleswaram, Karnataka.
Is IFSC IDIB000M010 valid for NEFT and RTGS?
Yes. IFSC IDIB000M010 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC IDIB000M010 the same for all accounts at Malleswaram branch?
Yes. The IFSC IDIB000M010 is shared by every account held at Indian Bank's Malleswaram branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IDIB000M010 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Malleswaram reflect within 30 minutes.
What is the phone number of Indian Bank Malleswaram branch?
You can reach the branch at 80-22958834 during regular banking hours.
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 Malleswaram branch but serve different purposes.
How do I add Indian Bank Malleswaram as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000M010, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: IDIB000M010 is the IFSC code of Indian Bank, MALLESWARAM branch, in MALLESWARAM, KARNATAKA. 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.
