Use this page as a one-stop reference for everything related to Indian Bank's SAMATHUR branch in SAMATHUR, TAMIL NADU. The branch's IFSC code IDIB000S074 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 – SAMATHUR is IDIB000S074. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00S074 map to this branch in SAMATHUR, TAMIL NADU.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Samathur |
| IFSC Code | IDIB000S074 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123 |
| City | Samathur |
| District | Coimbatore |
| State | Tamil Nadu |
| STD Code | 4259 |
| Phone | 271580 |
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Samathur branch — IFSC IDIB000S074 — extends the bank's services to customers in and around Samathur, Tamil Nadu.
About the Samathur branch
The Samathur branch of Indian Bank is situated at SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123. 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 IDIB000S074 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 SAMATHUR of Indian Bank — its own 11-character IFSC. The code IDIB000S074 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 IDIB000S074 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IDIB000S074
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 IDIB000S074 across all three.
NEFT to Indian Bank, SAMATHUR using IFSC IDIB000S074
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 IDIB000S074, and confirm that the system picks up Indian Bank – SAMATHUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SAMATHUR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's SAMATHUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000S074 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – SAMATHUR, use IMPS. With IFSC IDIB000S074 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 Samathur
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 IDIB000S074:
- 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 SAMATHUR is still linked to IFSC IDIB000S074.
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 SAMATHUR branch, the IFSC IDIB000S074 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.
Account types you can open at the Samathur branch
Once you have an account at Indian Bank – SAMATHUR, the IFSC IDIB000S074 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.
Banking services available
The Samathur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 4259-271580.
- 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 IDIB000S074
MICR & cheque-truncation details
Cheques drawn on the Samathur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000S074 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Samathur 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 IDIB000S074 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.
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 – SAMATHUR:
- The IFSC is exactly IDIB000S074 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 SAMATHUR 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.
How to reach the Samathur branch
The branch is located at SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123, which puts it inside Samathur, the broader Coimbatore district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Samathur branch” — the verified location pin for IFSC IDIB000S074 should appear at the top of the results.
- Confirm the branch is open by calling 4259-271580 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 IDIB000S074 and your account number.
Verifying IFSC IDIB000S074 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 IDIB000S074 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 4259-271580.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Samathur 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 IDIB000S074 continue to work without interruption.
Branch address & contact
Indian BankSamathur Branch
SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123
Samathur, Tamil Nadu
Phone: 4259-271580
IFSC: IDIB000S074
Frequently asked questions
Is IFSC IDIB000S074 valid for NEFT and RTGS?
Yes. IFSC IDIB000S074 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indian Bank Samathur branch?
You can reach the branch at 4259-271580 during regular banking hours.
Where is Indian Bank Samathur branch located?
Indian Bank's Samathur branch is located at SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123, Samathur, Tamil Nadu.
How quickly will an NEFT transfer using IDIB000S074 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Samathur reflect within 30 minutes.
Is IFSC IDIB000S074 the same for all accounts at Samathur branch?
Yes. The IFSC IDIB000S074 is shared by every account held at Indian Bank's Samathur branch. Only the account number changes from customer to customer.
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 Samathur branch but serve different purposes.
Summary
The IFSC code IDIB000S074 belongs to Indian Bank's SAMATHUR branch, located at SF NO 126 VALPARAI MAIN RD SAMATHUR SAMATHUR PIN 642123 in SAMATHUR, TAMIL NADU. 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.
