Use this page as a one-stop reference for everything related to Indian Bank's SURANGI branch in SURANGI, ODISHA. The branch's IFSC code IDIB000S086 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.
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 SURANGI branch, the IFSC IDIB000S086 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00S086 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 Surangi branch in Surangi, Odisha is part of this network and uses the IFSC code IDIB000S086 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Surangi |
| IFSC Code | IDIB000S086 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SURANGI MAIN ROAD SURANGI SURANGI PIN 761037 |
| City | Surangi |
| District | Ganjam |
| State | Odisha |
| STD Code | 91 |
| Phone | 9437965851 |
About the Surangi branch
The Surangi branch of Indian Bank is situated at SURANGI MAIN ROAD SURANGI SURANGI PIN 761037. 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 IDIB000S086 is used.
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 SURANGI branch came to be assigned the code IDIB000S086.
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 IDIB000S086, money simply cannot be routed to the SURANGI branch electronically.
Account types you can open at the Surangi branch
Once you have an account at Indian Bank – SURANGI, the IFSC IDIB000S086 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 Surangi 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 IDIB000S086
How to transfer money using IFSC IDIB000S086
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 IDIB000S086 across all three.
NEFT to Indian Bank, SURANGI using IFSC IDIB000S086
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 IDIB000S086, and confirm that the system picks up Indian Bank – SURANGI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SURANGI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's SURANGI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000S086 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Bank SURANGI (IFSC IDIB000S086)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000S086 in your mobile or internet banking app, and the money is credited to the SURANGI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Surangi
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 IDIB000S086:
- 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 SURANGI is still linked to IFSC IDIB000S086.
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.
UPI payments and IFSC IDIB000S086
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 – SURANGI is still mapped to IFSC IDIB000S086. 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 IDIB000S086 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 Surangi 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 IDIB000S086 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 IDIB000S086 and the account number together uniquely identify the Surangi 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 – SURANGI:
- The IFSC is exactly IDIB000S086 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 SURANGI 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 Surangi branch
The branch is located at SURANGI MAIN ROAD SURANGI SURANGI PIN 761037, which puts it inside Surangi, the broader Ganjam district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Surangi branch” — the verified location pin for IFSC IDIB000S086 should appear at the top of the results.
- Confirm the branch is open by calling 91-9437965851 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 IDIB000S086 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000S086 for Indian Bank – SURANGI, 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.
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 Surangi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000S086, however, work 24x7.
Branch address & contact
Indian BankSurangi Branch
SURANGI MAIN ROAD SURANGI SURANGI PIN 761037
Surangi, Odisha
Phone: 91-9437965851
IFSC: IDIB000S086
Frequently asked questions
How quickly will an NEFT transfer using IDIB000S086 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Surangi reflect within 30 minutes.
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 Surangi branch but serve different purposes.
What is the phone number of Indian Bank Surangi branch?
You can reach the branch at 91-9437965851 during regular banking hours.
What is the IFSC code of Indian Bank Surangi branch?
The IFSC code of Indian Bank, Surangi branch is IDIB000S086. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Indian Bank Surangi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000S086, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000S086 valid for NEFT and RTGS?
Yes. IFSC IDIB000S086 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Indian Bank Surangi branch located?
Indian Bank's Surangi branch is located at SURANGI MAIN ROAD SURANGI SURANGI PIN 761037, Surangi, Odisha.
Is IFSC IDIB000S086 the same for all accounts at Surangi branch?
Yes. The IFSC IDIB000S086 is shared by every account held at Indian Bank's Surangi branch. Only the account number changes from customer to customer.
Final notes
To recap: IDIB000S086 is the IFSC code of Indian Bank, SURANGI branch, in SURANGI, ODISHA. 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.
