Below are the complete branch details for Indian Bank, MICROSATE RANIPET BRANCH branch, located in RANIPET, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000M373. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IDIB000M373 for Indian Bank – MICROSATE RANIPET BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, IDIB000M373 is the IFSC of Indian Bank's MICROSATE RANIPET BRANCH branch. The format is fixed: IDIB = bank code, 0 = reserved, 00M373 = branch identifier.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Microsate Ranipet Branch branch in Ranipet. 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, IDIB000M373.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Microsate Ranipet Branch |
| IFSC Code | IDIB000M373 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 45 2ND FLOOR ARCOT ROAD RANIPET RANIPET PIN 632401 |
| City | Ranipet |
| District | Ranipet |
| State | Tamil Nadu |
| STD Code | 91 |
| Phone | 8300279077 |
About the Microsate Ranipet Branch branch
The Microsate Ranipet Branch branch of Indian Bank is situated at 45 2ND FLOOR ARCOT ROAD RANIPET RANIPET PIN 632401. 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 IDIB000M373 is used.
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 MICROSATE RANIPET BRANCH of Indian Bank — its own 11-character IFSC. The code IDIB000M373 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 IDIB000M373 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Microsate Ranipet Branch branch
Once you have an account at Indian Bank – MICROSATE RANIPET BRANCH, the IFSC IDIB000M373 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 Microsate Ranipet Branch 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 IDIB000M373
How to transfer money using IFSC IDIB000M373
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 IDIB000M373 across all three.
NEFT to Indian Bank, MICROSATE RANIPET BRANCH using IFSC IDIB000M373
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 IDIB000M373, and confirm that the system picks up Indian Bank – MICROSATE RANIPET BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000M373
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 – MICROSATE RANIPET BRANCH, ensure your bank's portal accepts IFSC IDIB000M373 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – MICROSATE RANIPET BRANCH, use IMPS. With IFSC IDIB000M373 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Microsate Ranipet Branch
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 IDIB000M373:
- 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 RANIPET BRANCH is still linked to IFSC IDIB000M373.
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 MICROSATE RANIPET BRANCH branch, the IFSC IDIB000M373 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 IDIB000M373
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the MICROSATE RANIPET BRANCH 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 IDIB000M373 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 IDIB000M373 and the account number together uniquely identify the Microsate Ranipet Branch 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 IDIB000M373
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 – MICROSATE RANIPET BRANCH, 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:
IDIB000M373. - 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 Microsate Ranipet Branch branch
The branch is located at 45 2ND FLOOR ARCOT ROAD RANIPET RANIPET PIN 632401, which puts it inside Ranipet, the broader Ranipet district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Microsate Ranipet Branch branch” — the verified location pin for IFSC IDIB000M373 should appear at the top of the results.
- Confirm the branch is open by calling 91-8300279077 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 IDIB000M373 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000M373 for Indian Bank – MICROSATE RANIPET BRANCH, 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 Ranipet Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000M373, however, work 24x7.
Branch address & contact
Indian BankMicrosate Ranipet Branch Branch
45 2ND FLOOR ARCOT ROAD RANIPET RANIPET PIN 632401
Ranipet, Tamil Nadu
Phone: 91-8300279077
IFSC: IDIB000M373
Frequently asked questions
What is the phone number of Indian Bank Microsate Ranipet Branch branch?
You can reach the branch at 91-8300279077 during regular banking hours.
Where is Indian Bank Microsate Ranipet Branch branch located?
Indian Bank's Microsate Ranipet Branch branch is located at 45 2ND FLOOR ARCOT ROAD RANIPET RANIPET PIN 632401, Ranipet, Tamil Nadu.
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 Microsate Ranipet Branch branch but serve different purposes.
How do I add Indian Bank Microsate Ranipet Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000M373, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using IDIB000M373 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Microsate Ranipet Branch reflect within 30 minutes.
What is the IFSC code of Indian Bank Microsate Ranipet Branch branch?
The IFSC code of Indian Bank, Microsate Ranipet Branch branch is IDIB000M373. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IDIB000M373 is the IFSC code of Indian Bank, MICROSATE RANIPET BRANCH branch, in RANIPET, TAMIL NADU. 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.
