Use this page as a one-stop reference for everything related to Indian Bank's SAMASTIPUR branch in SAMASTIPUR, BIHAR. The branch's IFSC code IDIB000S553 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.
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, IDIB000S553 is the IFSC of Indian Bank's SAMASTIPUR branch. The format is fixed: IDIB = bank code, 0 = reserved, 00S553 = branch identifier.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Samastipur branch — IFSC IDIB000S553 — extends the bank's services to customers in and around Samastipur, Bihar.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Samastipur |
| IFSC Code | IDIB000S553 |
| MICR Code | Refer to cheque leaf |
| Branch Address | FIRST FLOOR VEENA COMPLEX RAMBABU CHOWK NEAR SAGAR HOTEL SAMASTIPUR PIN 848101 |
| City | Samastipur |
| District | Samastipur |
| State | Bihar |
| STD Code | 91 |
| Phone | 9175865630 |
Samastipur branch overview
Located at FIRST FLOOR VEENA COMPLEX RAMBABU CHOWK NEAR SAGAR HOTEL SAMASTIPUR PIN 848101, the Samastipur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000S553 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 SAMASTIPUR branch came to be assigned the code IDIB000S553.
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 IDIB000S553, money simply cannot be routed to the SAMASTIPUR branch electronically.
Products and account variants supported
Every account opened at the Samastipur branch is mapped to IFSC IDIB000S553 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 IDIB000S553.
Products and services
Customers walking into the Samastipur 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 IDIB000S553
How to transfer money using IFSC IDIB000S553
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 IDIB000S553 across all three.
How to use IFSC IDIB000S553 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's SAMASTIPUR 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IDIB000S553.
- Confirm the bank name auto-populates as Indian Bank and the branch as SAMASTIPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000S553
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 – SAMASTIPUR, ensure your bank's portal accepts IFSC IDIB000S553 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – SAMASTIPUR, use IMPS. With IFSC IDIB000S553 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000S553 for Indian Bank – SAMASTIPUR, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IDIB000S553 | Yes – IDIB000S553 | Yes – IDIB000S553 |
For most retail customers crediting the Samastipur 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 IDIB000S553
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 – SAMASTIPUR is still mapped to IFSC IDIB000S553. 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 IDIB000S553 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Samastipur 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 IDIB000S553 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.
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 IDIB000S553 and the account number together uniquely identify the Samastipur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – SAMASTIPUR:
- The IFSC is exactly IDIB000S553 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 SAMASTIPUR 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 Samastipur branch sits at FIRST FLOOR VEENA COMPLEX RAMBABU CHOWK NEAR SAGAR HOTEL SAMASTIPUR PIN 848101. If you are travelling from outside Samastipur, search for the branch on a maps application using the bank name and locality, or call 91-9175865630 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 IDIB000S553 and your account number.
Verifying IFSC IDIB000S553 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 IDIB000S553 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9175865630.
- Visiting the bank's official branch locator page.
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 Samastipur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000S553, however, work 24x7.
Branch address & contact
Indian BankSamastipur Branch
FIRST FLOOR VEENA COMPLEX RAMBABU CHOWK NEAR SAGAR HOTEL SAMASTIPUR PIN 848101
Samastipur, Bihar
Phone: 91-9175865630
IFSC: IDIB000S553
Frequently asked questions
Can I use IFSC IDIB000S553 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000S553 to send funds instantly.
What is the phone number of Indian Bank Samastipur branch?
You can reach the branch at 91-9175865630 during regular banking hours.
Where is Indian Bank Samastipur branch located?
Indian Bank's Samastipur branch is located at FIRST FLOOR VEENA COMPLEX RAMBABU CHOWK NEAR SAGAR HOTEL SAMASTIPUR PIN 848101, Samastipur, Bihar.
Is IFSC IDIB000S553 valid for NEFT and RTGS?
Yes. IFSC IDIB000S553 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IDIB000S553 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Samastipur reflect within 30 minutes.
How do I add Indian Bank Samastipur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S553, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: IDIB000S553 is the IFSC code of Indian Bank, SAMASTIPUR branch, in SAMASTIPUR, BIHAR. 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.
