IFSC Code of Indian Bank, Microsate Raebareli Branch, Uttar Pradesh

If you are searching for the IFSC code of Indian Bank, MICROSATE RAEBARELI branch in RAE BARELI, UTTAR PRADESH, this page has every detail you need. The verified IFSC code for this branch is IDIB000M249. 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 MICROSATE RAEBARELI branch, and detailed step-by-step guides for using the IFSC IDIB000M249 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.

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, IDIB000M249 is the IFSC of Indian Bank's MICROSATE RAEBARELI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00M249 = branch identifier.

Branch details at a glance

Bank profile

Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Microsate Raebareli branch — IFSC IDIB000M249 — extends the bank's services to customers in and around Rae Bareli, Uttar Pradesh.

Microsate Raebareli branch overview

Located at M16 LALGANJ ROAD AMRESHPURI COLONY PIN 229001, the Microsate Raebareli branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000M249 is required for all interbank electronic transfers routed through this branch.

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 MICROSATE RAEBARELI branch came to be assigned the code IDIB000M249.

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 IDIB000M249, money simply cannot be routed to the MICROSATE RAEBARELI branch electronically.

How to transfer money using IFSC IDIB000M249

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 IDIB000M249 across all three.

NEFT to Indian Bank, MICROSATE RAEBARELI using IFSC IDIB000M249

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 IDIB000M249, and confirm that the system picks up Indian Bank – MICROSATE RAEBARELI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MICROSATE RAEBARELI

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's MICROSATE RAEBARELI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000M249 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank MICROSATE RAEBARELI (IFSC IDIB000M249)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000M249 in your mobile or internet banking app, and the money is credited to the MICROSATE RAEBARELI branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Microsate Raebareli

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 IDIB000M249:

• 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 MICROSATE RAEBARELI is still linked to IFSC IDIB000M249.

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 IDIB000M249

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 – MICROSATE RAEBARELI is still mapped to IFSC IDIB000M249. 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 IDIB000M249 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Microsate Raebareli branch is mapped to IFSC IDIB000M249 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 IDIB000M249.

Banking services available

The Microsate Raebareli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 535-2212324.

• 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 IDIB000M249

MICR & cheque-truncation details

Cheques drawn on the Microsate Raebareli branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000M249 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC IDIB000M249

Indian Bank customers can register for net banking and the bank's official mobile app once their account at the MICROSATE RAEBARELI 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 IDIB000M249 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.

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 – MICROSATE RAEBARELI:

• The IFSC is exactly IDIB000M249 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 MICROSATE RAEBARELI 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.

Reaching the branch

The Microsate Raebareli branch sits at M16 LALGANJ ROAD AMRESHPURI COLONY PIN 229001. If you are travelling from outside Rae Bareli, search for the branch on a maps application using the bank name and locality, or call 535-2212324 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 IDIB000M249 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDIB000M249 for Indian Bank – MICROSATE RAEBARELI, 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 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 Microsate Raebareli branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M249, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDIB000M249 belongs to Indian Bank's MICROSATE RAEBARELI branch, located at M16 LALGANJ ROAD AMRESHPURI COLONY PIN 229001 in RAE BARELI, UTTAR 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.