IFSC Code of Indian Bank, Mydukuru Road Proddatur Branch, Andhra Pradesh

If you are searching for the IFSC code of Indian Bank, MYDUKURU ROAD PRODDATUR branch in PRODDATUR, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is IDIB000M403. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MYDUKURU ROAD PRODDATUR branch, and detailed step-by-step guides for using the IFSC IDIB000M403 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 MYDUKURU ROAD PRODDATUR branch, the IFSC IDIB000M403 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00M403 identifies this particular branch.

About Indian Bank

Indian Bank operates a wide network of branches across India, including the Mydukuru Road Proddatur branch in Proddatur. 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, IDIB000M403.

About this branch

The branch is located at DOOR NO 11/33, MYDUKURU ROAD, NEAR LAKSMI NAGAR, OPP-NGO COLONY, PRODDATUR, YSR KADAP DISTRICT, ANDHRA PRADESH 516360. It serves the Proddatur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Bank. The IFSC IDIB000M403 is used to identify this branch on the RBI payments network.

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 MYDUKURU ROAD PRODDATUR branch came to be assigned the code IDIB000M403.

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 IDIB000M403, money simply cannot be routed to the MYDUKURU ROAD PRODDATUR branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Mydukuru Road Proddatur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000M403 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC IDIB000M403

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 IDIB000M403 across all three.

How to use IFSC IDIB000M403 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's MYDUKURU ROAD PRODDATUR 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IDIB000M403.
4. Confirm the bank name auto-populates as Indian Bank and the branch as MYDUKURU ROAD PRODDATUR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to MYDUKURU ROAD PRODDATUR

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's MYDUKURU ROAD PRODDATUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000M403 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank MYDUKURU ROAD PRODDATUR (IFSC IDIB000M403)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000M403 in your mobile or internet banking app, and the money is credited to the MYDUKURU ROAD PRODDATUR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Mydukuru Road Proddatur

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 IDIB000M403:

• 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 MYDUKURU ROAD PRODDATUR is still linked to IFSC IDIB000M403.

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.

UPI payments and IFSC IDIB000M403

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 – MYDUKURU ROAD PRODDATUR is still mapped to IFSC IDIB000M403. 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 IDIB000M403 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Mydukuru Road Proddatur branch is mapped to IFSC IDIB000M403 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 IDIB000M403.

Banking services available

The Mydukuru Road Proddatur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7010964310.

• 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 IDIB000M403

Digital banking channels

Most day-to-day work that customers used to do at the Mydukuru Road Proddatur 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 IDIB000M403 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 Mydukuru Road Proddatur branch

The branch is located at DOOR NO 11/33, MYDUKURU ROAD, NEAR LAKSMI NAGAR, OPP-NGO COLONY, PRODDATUR, YSR KADAP DISTRICT, ANDHRA PRADESH 516360, which puts it inside Proddatur, the broader Ysr(kadapa) district, and the state of Andhra Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Bank Mydukuru Road Proddatur branch” — the verified location pin for IFSC IDIB000M403 should appear at the top of the results.
2. Confirm the branch is open by calling 91-7010964310 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 IDIB000M403 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 – MYDUKURU ROAD PRODDATUR:

• The IFSC is exactly IDIB000M403 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 MYDUKURU ROAD PRODDATUR 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.

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 Mydukuru Road Proddatur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M403, however, work 24x7.

Verifying IFSC IDIB000M403 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 IDIB000M403 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-7010964310.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDIB000M403 belongs to Indian Bank's MYDUKURU ROAD PRODDATUR branch, located at DOOR NO 11/33, MYDUKURU ROAD, NEAR LAKSMI NAGAR, OPP-NGO COLONY, PRODDATUR,… in PRODDATUR, ANDHRA PRADESH. 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.