Below are the complete branch details for Indian Bank, SHOOLAGIRI branch, located in SHOOLAGIRI, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000S023. 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 IDIB000S023 for Indian Bank – SHOOLAGIRI — 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, IDIB000S023 is the IFSC of Indian Bank's SHOOLAGIRI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00S023 = branch identifier.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shoolagiri branch in Shoolagiri, Tamil Nadu is part of this network and uses the IFSC code IDIB000S023 for all electronic settlement.
Shoolagiri branch overview
Located at MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117, the Shoolagiri branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000S023 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Shoolagiri |
| IFSC Code | IDIB000S023 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117 |
| City | Shoolagiri |
| District | Krishnagiri |
| State | Tamil Nadu |
| STD Code | 4344 |
| Phone | 252226 |
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 SHOOLAGIRI of Indian Bank — its own 11-character IFSC. The code IDIB000S023 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 IDIB000S023 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Shoolagiri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000S023 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IDIB000S023
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 IDIB000S023 across all three.
NEFT to Indian Bank, SHOOLAGIRI using IFSC IDIB000S023
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 IDIB000S023, and confirm that the system picks up Indian Bank – SHOOLAGIRI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000S023
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 – SHOOLAGIRI, ensure your bank's portal accepts IFSC IDIB000S023 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – SHOOLAGIRI, use IMPS. With IFSC IDIB000S023 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 IDIB000S023 for Indian Bank – SHOOLAGIRI, 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 – IDIB000S023 | Yes – IDIB000S023 | Yes – IDIB000S023 |
For most retail customers crediting the Shoolagiri 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.
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 SHOOLAGIRI branch, the IFSC IDIB000S023 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 Shoolagiri branch
Once you have an account at Indian Bank – SHOOLAGIRI, the IFSC IDIB000S023 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 Shoolagiri 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 IDIB000S023
Digital banking channels
Most day-to-day work that customers used to do at the Shoolagiri 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 IDIB000S023 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 Shoolagiri branch sits at MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117. If you are travelling from outside Shoolagiri, search for the branch on a maps application using the bank name and locality, or call 4344-252226 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 IDIB000S023 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 – SHOOLAGIRI:
- The IFSC is exactly IDIB000S023 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 SHOOLAGIRI 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.
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 Shoolagiri branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000S023, however, work 24x7.
Verifying IFSC IDIB000S023 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 IDIB000S023 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 4344-252226.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankShoolagiri Branch
MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117
Shoolagiri, Tamil Nadu
Phone: 4344-252226
IFSC: IDIB000S023
Frequently asked questions
Can I use IFSC IDIB000S023 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000S023 to send funds instantly.
Where is Indian Bank Shoolagiri branch located?
Indian Bank's Shoolagiri branch is located at MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117, Shoolagiri, Tamil Nadu.
How quickly will an NEFT transfer using IDIB000S023 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Shoolagiri reflect within 30 minutes.
What is the phone number of Indian Bank Shoolagiri branch?
You can reach the branch at 4344-252226 during regular banking hours.
What is the IFSC code of Indian Bank Shoolagiri branch?
The IFSC code of Indian Bank, Shoolagiri branch is IDIB000S023. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Indian Bank Shoolagiri branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 4344-252226 to confirm.
Is IFSC IDIB000S023 the same for all accounts at Shoolagiri branch?
Yes. The IFSC IDIB000S023 is shared by every account held at Indian Bank's Shoolagiri branch. Only the account number changes from customer to customer.
How do I add Indian Bank Shoolagiri as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S023, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IDIB000S023 belongs to Indian Bank's SHOOLAGIRI branch, located at MAIN ROAD SHOOLAGIRI SHOOLAGIRI SHOOLAGIRI PIN 635117 in SHOOLAGIRI, 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.
