This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, NARASINGHPUR branch in NARSIMHAPUR. The 11-digit IFSC IDIB000N550 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the NARASINGHPUR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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, IDIB000N550 is the IFSC of Indian Bank's NARASINGHPUR branch. The format is fixed: IDIB = bank code, 0 = reserved, 00N550 = 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 Narasinghpur branch in Narsimhapur, Madhya Pradesh is part of this network and uses the IFSC code IDIB000N550 for all electronic settlement.
Narasinghpur branch overview
Located at PALIWAL BUILDING OLD BUS STAND OLD BUS STAND NARSINGHPUR PIN 487001, the Narasinghpur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000N550 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Narasinghpur |
| IFSC Code | IDIB000N550 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PALIWAL BUILDING OLD BUS STAND OLD BUS STAND NARSINGHPUR PIN 487001 |
| City | Narsimhapur |
| District | Narsimhapur |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9833434961 |
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 NARASINGHPUR branch came to be assigned the code IDIB000N550.
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 IDIB000N550, money simply cannot be routed to the NARASINGHPUR branch electronically.
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 IDIB000N550 and the account number together uniquely identify the Narasinghpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000N550
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 IDIB000N550 across all three.
How to use IFSC IDIB000N550 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's NARASINGHPUR 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 IDIB000N550.
- Confirm the bank name auto-populates as Indian Bank and the branch as NARASINGHPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000N550
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 – NARASINGHPUR, ensure your bank's portal accepts IFSC IDIB000N550 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank NARASINGHPUR (IFSC IDIB000N550)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000N550 in your mobile or internet banking app, and the money is credited to the NARASINGHPUR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Narasinghpur
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 IDIB000N550:
- 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 NARASINGHPUR is still linked to IFSC IDIB000N550.
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.
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 NARASINGHPUR branch, the IFSC IDIB000N550 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.
Account types you can open at the Narasinghpur branch
Once you have an account at Indian Bank – NARASINGHPUR, the IFSC IDIB000N550 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 Narasinghpur 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 IDIB000N550
Digital banking channels
Most day-to-day work that customers used to do at the Narasinghpur 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 IDIB000N550 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 Narasinghpur branch
The branch is located at PALIWAL BUILDING OLD BUS STAND OLD BUS STAND NARSINGHPUR PIN 487001, which puts it inside Narsimhapur, the broader Narsimhapur district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Narasinghpur branch” — the verified location pin for IFSC IDIB000N550 should appear at the top of the results.
- Confirm the branch is open by calling 91-9833434961 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 IDIB000N550 and your account number.
Common mistakes to avoid when using IFSC IDIB000N550
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 – NARASINGHPUR, 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:
IDIB000N550. - 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.
Working hours
Branch counters at Narasinghpur 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 IDIB000N550 continue to work without interruption.
Verifying IFSC IDIB000N550 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 IDIB000N550 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9833434961.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankNarasinghpur Branch
PALIWAL BUILDING OLD BUS STAND OLD BUS STAND NARSINGHPUR PIN 487001
Narsimhapur, Madhya Pradesh
Phone: 91-9833434961
IFSC: IDIB000N550
Frequently asked questions
Is IFSC IDIB000N550 the same for all accounts at Narasinghpur branch?
Yes. The IFSC IDIB000N550 is shared by every account held at Indian Bank's Narasinghpur branch. Only the account number changes from customer to customer.
Where is Indian Bank Narasinghpur branch located?
Indian Bank's Narasinghpur branch is located at PALIWAL BUILDING OLD BUS STAND OLD BUS STAND NARSINGHPUR PIN 487001, Narsimhapur, Madhya Pradesh.
How do I add Indian Bank Narasinghpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000N550, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Narasinghpur branch but serve different purposes.
Does Indian Bank Narasinghpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9833434961 to confirm.
How quickly will an NEFT transfer using IDIB000N550 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Narasinghpur reflect within 30 minutes.
Is IFSC IDIB000N550 valid for NEFT and RTGS?
Yes. IFSC IDIB000N550 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: IDIB000N550 is the IFSC code of Indian Bank, NARASINGHPUR branch, in NARSIMHAPUR, 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.
