Below are the complete branch details for Indian Bank, SECTOR ONE ZERO FIVE MOHALI branch, located in MOHALI, PUNJAB. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000S350. 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 IDIB000S350 for Indian Bank – SECTOR ONE ZERO FIVE MOHALI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, IDIB000S350 is the IFSC of Indian Bank's SECTOR ONE ZERO FIVE MOHALI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00S350 = branch identifier.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Sector One Zero Five Mohali branch in Mohali. 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, IDIB000S350.
Sector One Zero Five Mohali branch overview
Located at COM BG28 EMAAR CENTRAL PLAZA SECTOR 105 MOHALI, the Sector One Zero Five Mohali branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000S350 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Sector One Zero Five Mohali |
| IFSC Code | IDIB000S350 |
| MICR Code | Refer to cheque leaf |
| Branch Address | COM BG28 EMAAR CENTRAL PLAZA SECTOR 105 MOHALI |
| City | Mohali |
| District | Sasnagar |
| State | Punjab |
| Phone | 7206666464 |
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 SECTOR ONE ZERO FIVE MOHALI of Indian Bank — its own 11-character IFSC. The code IDIB000S350 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 IDIB000S350 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 IDIB000S350 and the account number together uniquely identify the Sector One Zero Five Mohali branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000S350
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 IDIB000S350 across all three.
NEFT to Indian Bank, SECTOR ONE ZERO FIVE MOHALI using IFSC IDIB000S350
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 IDIB000S350, and confirm that the system picks up Indian Bank – SECTOR ONE ZERO FIVE MOHALI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SECTOR ONE ZERO FIVE MOHALI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's SECTOR ONE ZERO FIVE MOHALI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000S350 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 – SECTOR ONE ZERO FIVE MOHALI, use IMPS. With IFSC IDIB000S350 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 IDIB000S350 for Indian Bank – SECTOR ONE ZERO FIVE MOHALI, 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 – IDIB000S350 | Yes – IDIB000S350 | Yes – IDIB000S350 |
For most retail customers crediting the Sector One Zero Five Mohali 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 IDIB000S350
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 – SECTOR ONE ZERO FIVE MOHALI is still mapped to IFSC IDIB000S350. 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 IDIB000S350 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Sector One Zero Five Mohali branch is mapped to IFSC IDIB000S350 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 IDIB000S350.
Banking services available
The Sector One Zero Five Mohali branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7206666464.
- 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 IDIB000S350
Digital banking channels
Most day-to-day work that customers used to do at the Sector One Zero Five Mohali 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 IDIB000S350 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.
How to reach the Sector One Zero Five Mohali branch
The branch is located at COM BG28 EMAAR CENTRAL PLAZA SECTOR 105 MOHALI, which puts it inside Mohali, the broader Sasnagar district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Sector One Zero Five Mohali branch” — the verified location pin for IFSC IDIB000S350 should appear at the top of the results.
- Confirm the branch is open by calling 7206666464 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 IDIB000S350 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 – SECTOR ONE ZERO FIVE MOHALI:
- The IFSC is exactly IDIB000S350 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 SECTOR ONE ZERO FIVE MOHALI 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.
Working hours
Branch counters at Sector One Zero Five Mohali 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 IDIB000S350 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000S350 for Indian Bank – SECTOR ONE ZERO FIVE MOHALI, 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 BankSector One Zero Five Mohali Branch
COM BG28 EMAAR CENTRAL PLAZA SECTOR 105 MOHALI
Mohali, Punjab
Phone: 7206666464
IFSC: IDIB000S350
Frequently asked questions
How quickly will an NEFT transfer using IDIB000S350 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Sector One Zero Five Mohali reflect within 30 minutes.
How do I add Indian Bank Sector One Zero Five Mohali as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S350, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Bank Sector One Zero Five Mohali branch located?
Indian Bank's Sector One Zero Five Mohali branch is located at COM BG28 EMAAR CENTRAL PLAZA SECTOR 105 MOHALI, Mohali, Punjab.
Does Indian Bank Sector One Zero Five Mohali branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7206666464 to confirm.
Is IFSC IDIB000S350 the same for all accounts at Sector One Zero Five Mohali branch?
Yes. The IFSC IDIB000S350 is shared by every account held at Indian Bank's Sector One Zero Five Mohali branch. Only the account number changes from customer to customer.
What is the phone number of Indian Bank Sector One Zero Five Mohali branch?
You can reach the branch at 7206666464 during regular banking hours.
Is IFSC IDIB000S350 valid for NEFT and RTGS?
Yes. IFSC IDIB000S350 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Sector One Zero Five Mohali branch but serve different purposes.
Final notes
To recap: IDIB000S350 is the IFSC code of Indian Bank, SECTOR ONE ZERO FIVE MOHALI branch, in MOHALI, 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.
