IFSC Code of Indian Bank, Bhosari Branch, Maharashtra

Use this page as a one-stop reference for everything related to Indian Bank's BHOSARI branch in PMT CHOWK PUNE NASHIK HIGHWAY, MAHARASHTRA. The branch's IFSC code IDIB000B174 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.

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 – BHOSARI is IDIB000B174. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00B174 map to this branch in PMT CHOWK PUNE NASHIK HIGHWAY, MAHARASHTRA.

Bank profile

Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Bhosari branch — IFSC IDIB000B174 — extends the bank's services to customers in and around Pmt Chowk Pune Nashik Highway, Maharashtra.

About the Bhosari branch

The Bhosari branch of Indian Bank is situated at SHOP NO 5 6 MAHALAXMI TOWERS PMT CHOWK PUNE NASHIK HIGHWAY BHOSARI PIN 411039. 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 IDIB000B174 is used.

Branch details at a glance

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 BHOSARI branch came to be assigned the code IDIB000B174.

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 IDIB000B174, money simply cannot be routed to the BHOSARI 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 IDIB000B174 and the account number together uniquely identify the Bhosari branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC IDIB000B174

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 IDIB000B174 across all three.

NEFT to Indian Bank, BHOSARI using IFSC IDIB000B174

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 IDIB000B174, and confirm that the system picks up Indian Bank – BHOSARI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to BHOSARI

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's BHOSARI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000B174 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank BHOSARI (IFSC IDIB000B174)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000B174 in your mobile or internet banking app, and the money is credited to the BHOSARI branch account within seconds.

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

All three modes accept the IFSC IDIB000B174 for Indian Bank – BHOSARI, 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.

For most retail customers crediting the Bhosari 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 IDIB000B174

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 – BHOSARI is still mapped to IFSC IDIB000B174. 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 IDIB000B174 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Bhosari branch is mapped to IFSC IDIB000B174 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 IDIB000B174.

Banking services available

The Bhosari branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-27120201.

• 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 IDIB000B174

Digital banking channels

Most day-to-day work that customers used to do at the Bhosari 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 IDIB000B174 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.

Reaching the branch

The Bhosari branch sits at SHOP NO 5 6 MAHALAXMI TOWERS PMT CHOWK PUNE NASHIK HIGHWAY BHOSARI PIN 411039. If you are travelling from outside Pmt Chowk Pune Nashik Highway, search for the branch on a maps application using the bank name and locality, or call 20-27120201 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 IDIB000B174 and your account number.

Common mistakes to avoid when using IFSC IDIB000B174

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 – BHOSARI, 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: IDIB000B174.
• 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 Bhosari 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 IDIB000B174 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDIB000B174 for Indian Bank – BHOSARI, 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

Frequently asked questions

Summary

The IFSC code IDIB000B174 belongs to Indian Bank's BHOSARI branch, located at SHOP NO 5 6 MAHALAXMI TOWERS PMT CHOWK PUNE NASHIK HIGHWAY BHOSARI PIN 411039 in PMT CHOWK PUNE NASHIK HIGHWAY, MAHARASHTRA. 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.