Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Indian Bank, Pachore Branch, Madhya Pradesh

    IDIB000P507 is the IFSC code of Indian Bank, Pachore Branch in Pachore, Madhya Pradesh. Find branch address, phone, MICR and online transfer details here.

    Use this page as a one-stop reference for everything related to Indian Bank's PACHORE branch in PACHORE, MADHYA PRADESH. The branch's IFSC code IDIB000P507 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 PACHORE branch, the IFSC IDIB000P507 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00P507 identifies this particular branch.

    About Indian Bank

    Indian Bank operates a wide network of branches across India, including the Pachore branch in Pachore. 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, IDIB000P507.

    Branch details at a glance

    Bank NameIndian Bank
    BranchPachore
    IFSC CodeIDIB000P507
    MICR CodeRefer to cheque leaf
    Branch AddressNEAR PETROL PUMP OLD BUS STAND PACHORE PACHORE PIN 465683
    CityPachore
    DistrictRajgarh
    StateMadhya Pradesh
    STD Code91
    Phone9472662245

    Pachore branch overview

    Located at NEAR PETROL PUMP OLD BUS STAND PACHORE PACHORE PIN 465683, the Pachore branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000P507 is required for all interbank electronic transfers routed through this branch.

    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 PACHORE of Indian Bank — its own 11-character IFSC. The code IDIB000P507 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 IDIB000P507 the same way you would treat your account number — verify it once and save it carefully for future use.

    Products and account variants supported

    Every account opened at the Pachore branch is mapped to IFSC IDIB000P507 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 IDIB000P507.

    Products and services

    Customers walking into the Pachore 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 IDIB000P507

    How to transfer money using IFSC IDIB000P507

    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 IDIB000P507 across all three.

    NEFT to Indian Bank, PACHORE using IFSC IDIB000P507

    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 IDIB000P507, and confirm that the system picks up Indian Bank – PACHORE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    RTGS transfers via IFSC IDIB000P507

    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 – PACHORE, ensure your bank's portal accepts IFSC IDIB000P507 while registering the beneficiary. RTGS is also available 24x7.

    IMPS to Indian Bank PACHORE (IFSC IDIB000P507)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000P507 in your mobile or internet banking app, and the money is credited to the PACHORE branch account within seconds.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC IDIB000P507 for Indian Bank – PACHORE, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – IDIB000P507Yes – IDIB000P507Yes – IDIB000P507

    For most retail customers crediting the Pachore 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.

    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 PACHORE branch, the IFSC IDIB000P507 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.

    Online banking and IFSC IDIB000P507

    Indian Bank customers can register for net banking and the bank's official mobile app once their account at the PACHORE 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 IDIB000P507 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 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 IDIB000P507 and the account number together uniquely identify the Pachore branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    Common mistakes to avoid when using IFSC IDIB000P507

    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 – PACHORE, 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: IDIB000P507.
    • 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.

    How to reach the Pachore branch

    The branch is located at NEAR PETROL PUMP OLD BUS STAND PACHORE PACHORE PIN 465683, which puts it inside Pachore, the broader Rajgarh district, and the state of Madhya Pradesh. To plan your visit:

    1. Open Google Maps on your phone and search for “Indian Bank Pachore branch” — the verified location pin for IFSC IDIB000P507 should appear at the top of the results.
    2. Confirm the branch is open by calling 91-9472662245 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 IDIB000P507 and your account number.

    Verifying IFSC IDIB000P507 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 IDIB000P507 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 91-9472662245.
    • Visiting the bank's official branch locator page.

    Working hours

    Branch counters at Pachore 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 IDIB000P507 continue to work without interruption.

    Branch address & contact

    Indian Bank
    Pachore Branch
    NEAR PETROL PUMP OLD BUS STAND PACHORE PACHORE PIN 465683
    Pachore, Madhya Pradesh
    Phone: 91-9472662245
    IFSC: IDIB000P507

    Frequently asked questions

    Is IFSC IDIB000P507 valid for NEFT and RTGS?

    Yes. IFSC IDIB000P507 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    Is IFSC IDIB000P507 the same for all accounts at Pachore branch?

    Yes. The IFSC IDIB000P507 is shared by every account held at Indian Bank's Pachore branch. Only the account number changes from customer to customer.

    Where is Indian Bank Pachore branch located?

    Indian Bank's Pachore branch is located at NEAR PETROL PUMP OLD BUS STAND PACHORE PACHORE PIN 465683, Pachore, Madhya Pradesh.

    What is the phone number of Indian Bank Pachore branch?

    You can reach the branch at 91-9472662245 during regular banking hours.

    Can I use IFSC IDIB000P507 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000P507 to send funds instantly.

    How do I add Indian Bank Pachore as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000P507, and complete OTP verification. Once activated, you can transfer funds at any time.

    What is the IFSC code of Indian Bank Pachore branch?

    The IFSC code of Indian Bank, Pachore branch is IDIB000P507. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    How quickly will an NEFT transfer using IDIB000P507 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Pachore reflect within 30 minutes.

    Final notes

    To recap: IDIB000P507 is the IFSC code of Indian Bank, PACHORE branch, in PACHORE, 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.

    keyboard_arrow_up