If you are searching for the IFSC code of Indian Bank, SULUR branch in SULUR, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is IDIB000S294. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SULUR branch, and detailed step-by-step guides for using the IFSC IDIB000S294 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – SULUR is IDIB000S294. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00S294 map to this branch in SULUR, TAMIL NADU.
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Sulur branch in Sulur, Tamil Nadu is part of this network and uses the IFSC code IDIB000S294 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Sulur |
| IFSC Code | IDIB000S294 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 16/166 B TRICHY ROAD SULUR PIN 641402 |
| City | Sulur |
| District | Coimbatore |
| State | Tamil Nadu |
| STD Code | 422 |
| Phone | 2680304 |
About this branch
The branch is located at NO 16/166 B TRICHY ROAD SULUR PIN 641402. It serves the Sulur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Bank. The IFSC IDIB000S294 is used to identify this branch on the RBI payments network.
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 SULUR of Indian Bank — its own 11-character IFSC. The code IDIB000S294 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 IDIB000S294 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 Sulur branch
Once you have an account at Indian Bank – SULUR, the IFSC IDIB000S294 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 Sulur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 422-2680304.
- 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 IDIB000S294
How to transfer money using IFSC IDIB000S294
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 IDIB000S294 across all three.
How to use IFSC IDIB000S294 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's SULUR 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 IDIB000S294.
- Confirm the bank name auto-populates as Indian Bank and the branch as SULUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000S294
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 – SULUR, ensure your bank's portal accepts IFSC IDIB000S294 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank SULUR (IFSC IDIB000S294)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000S294 in your mobile or internet banking app, and the money is credited to the SULUR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Sulur
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 IDIB000S294:
- 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 SULUR is still linked to IFSC IDIB000S294.
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 SULUR branch, the IFSC IDIB000S294 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 IDIB000S294
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the SULUR 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 IDIB000S294 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 IDIB000S294 and the account number together uniquely identify the Sulur 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 IDIB000S294
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 – SULUR, 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:
IDIB000S294. - 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 Sulur branch
The branch is located at NO 16/166 B TRICHY ROAD SULUR PIN 641402, which puts it inside Sulur, 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 Sulur branch” — the verified location pin for IFSC IDIB000S294 should appear at the top of the results.
- Confirm the branch is open by calling 422-2680304 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 IDIB000S294 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000S294 for Indian Bank – SULUR, 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.
Working hours
Branch counters at Sulur 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 IDIB000S294 continue to work without interruption.
Branch address & contact
Indian BankSulur Branch
NO 16/166 B TRICHY ROAD SULUR PIN 641402
Sulur, Tamil Nadu
Phone: 422-2680304
IFSC: IDIB000S294
Frequently asked questions
Where is Indian Bank Sulur branch located?
Indian Bank's Sulur branch is located at NO 16/166 B TRICHY ROAD SULUR PIN 641402, Sulur, Tamil Nadu.
How do I add Indian Bank Sulur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S294, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Bank Sulur branch?
You can reach the branch at 422-2680304 during regular banking hours.
Is IFSC IDIB000S294 valid for NEFT and RTGS?
Yes. IFSC IDIB000S294 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Sulur branch but serve different purposes.
Is IFSC IDIB000S294 the same for all accounts at Sulur branch?
Yes. The IFSC IDIB000S294 is shared by every account held at Indian Bank's Sulur branch. Only the account number changes from customer to customer.
Does Indian Bank Sulur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 422-2680304 to confirm.
Can I use IFSC IDIB000S294 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000S294 to send funds instantly.
Summary
The IFSC code IDIB000S294 belongs to Indian Bank's SULUR branch, located at NO 16/166 B TRICHY ROAD SULUR PIN 641402 in SULUR, 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.
