Below are the complete branch details for Indian Bank, SHAHPUR branch, located in SHAHAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000S633. 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 IDIB000S633 for Indian Bank – SHAHPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 SHAHPUR branch, the IFSC IDIB000S633 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00S633 identifies this particular branch.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shahpur branch in Shahapur, Maharashtra is part of this network and uses the IFSC code IDIB000S633 for all electronic settlement.
Shahpur branch overview
Located at SHIV SHAKTI RICE MILL COMPOUND PANDIT NAKA GOTHEGHAR SHAHAPUR SHAHAPUR PIN 421601, the Shahpur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000S633 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Shahpur |
| IFSC Code | IDIB000S633 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHIV SHAKTI RICE MILL COMPOUND PANDIT NAKA GOTHEGHAR SHAHAPUR SHAHAPUR PIN 421601 |
| City | Shahapur |
| District | Thane |
| State | Maharashtra |
| STD Code | 2527 |
| Phone | 273974 |
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 SHAHPUR branch came to be assigned the code IDIB000S633.
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 IDIB000S633, money simply cannot be routed to the SHAHPUR branch electronically.
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 IDIB000S633 and the account number together uniquely identify the Shahpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000S633
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 IDIB000S633 across all three.
How to use IFSC IDIB000S633 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's SHAHPUR 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 IDIB000S633.
- Confirm the bank name auto-populates as Indian Bank and the branch as SHAHPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000S633
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 – SHAHPUR, ensure your bank's portal accepts IFSC IDIB000S633 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – SHAHPUR, use IMPS. With IFSC IDIB000S633 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 Shahpur
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 IDIB000S633:
- 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 SHAHPUR is still linked to IFSC IDIB000S633.
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 SHAHPUR branch, the IFSC IDIB000S633 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.
Products and account variants supported
Every account opened at the Shahpur branch is mapped to IFSC IDIB000S633 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 IDIB000S633.
Products and services
Customers walking into the Shahpur 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 IDIB000S633
Digital banking channels
Most day-to-day work that customers used to do at the Shahpur 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 IDIB000S633 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.
Reaching the branch
The Shahpur branch sits at SHIV SHAKTI RICE MILL COMPOUND PANDIT NAKA GOTHEGHAR SHAHAPUR SHAHAPUR PIN 421601. If you are travelling from outside Shahapur, search for the branch on a maps application using the bank name and locality, or call 2527-273974 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 IDIB000S633 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 – SHAHPUR:
- The IFSC is exactly IDIB000S633 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 SHAHPUR 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.
Working hours
Branch counters at Shahpur 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 IDIB000S633 continue to work without interruption.
Verifying IFSC IDIB000S633 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 IDIB000S633 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2527-273974.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankShahpur Branch
SHIV SHAKTI RICE MILL COMPOUND PANDIT NAKA GOTHEGHAR SHAHAPUR SHAHAPUR PIN 421601
Shahapur, Maharashtra
Phone: 2527-273974
IFSC: IDIB000S633
Frequently asked questions
Is IFSC IDIB000S633 the same for all accounts at Shahpur branch?
Yes. The IFSC IDIB000S633 is shared by every account held at Indian Bank's Shahpur 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 Shahpur branch but serve different purposes.
Can I use IFSC IDIB000S633 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000S633 to send funds instantly.
Is IFSC IDIB000S633 valid for NEFT and RTGS?
Yes. IFSC IDIB000S633 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indian Bank Shahpur branch?
You can reach the branch at 2527-273974 during regular banking hours.
How quickly will an NEFT transfer using IDIB000S633 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Shahpur reflect within 30 minutes.
Summary
The IFSC code IDIB000S633 belongs to Indian Bank's SHAHPUR branch, located at SHIV SHAKTI RICE MILL COMPOUND PANDIT NAKA GOTHEGHAR SHAHAPUR SHAHAPUR PIN… in SHAHAPUR, MAHARASHTRA. 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.
