IFSC Code of Indian Bank, Seawood Darave Branch, Maharashtra

Below are the complete branch details for Indian Bank, SEAWOOD DARAVE branch, located in THANE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IDIB000S302. 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 IDIB000S302 for Indian Bank – SEAWOOD DARAVE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – SEAWOOD DARAVE is IDIB000S302. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00S302 map to this branch in THANE, MAHARASHTRA.

Bank profile

Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Seawood Darave branch — IFSC IDIB000S302 — extends the bank's services to customers in and around Thane, Maharashtra.

Branch details at a glance

About the Seawood Darave branch

The Seawood Darave branch of Indian Bank is situated at SEAWOOD DARAVE BRANCH SHOP NO456 7 NEELKHANTH RESIDENCY PLOT NO 2 SECTOR 46 ANERUL NAVI MUMBAI PIN 400706. 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 IDIB000S302 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 SEAWOOD DARAVE branch came to be assigned the code IDIB000S302.

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 IDIB000S302, money simply cannot be routed to the SEAWOOD DARAVE branch electronically.

Products and account variants supported

Every account opened at the Seawood Darave branch is mapped to IFSC IDIB000S302 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 IDIB000S302.

Products and services

Customers walking into the Seawood Darave 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 IDIB000S302

How to transfer money using IFSC IDIB000S302

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 IDIB000S302 across all three.

How to use IFSC IDIB000S302 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's SEAWOOD DARAVE 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IDIB000S302.
4. Confirm the bank name auto-populates as Indian Bank and the branch as SEAWOOD DARAVE.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to SEAWOOD DARAVE

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's SEAWOOD DARAVE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000S302 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Bank SEAWOOD DARAVE (IFSC IDIB000S302)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000S302 in your mobile or internet banking app, and the money is credited to the SEAWOOD DARAVE branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Seawood Darave

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 IDIB000S302:

• 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 SEAWOOD DARAVE is still linked to IFSC IDIB000S302.

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 IDIB000S302

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 – SEAWOOD DARAVE is still mapped to IFSC IDIB000S302. 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 IDIB000S302 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 Seawood Darave 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 IDIB000S302 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 IDIB000S302 and the account number together uniquely identify the Seawood Darave 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 IDIB000S302

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 – SEAWOOD DARAVE, 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: IDIB000S302.
• 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.

Reaching the branch

The Seawood Darave branch sits at SEAWOOD DARAVE BRANCH SHOP NO456 7 NEELKHANTH RESIDENCY PLOT NO 2 SECTOR 46 ANERUL NAVI MUMBAI PIN 400706. If you are travelling from outside Thane, search for the branch on a maps application using the bank name and locality, or call 22-27725520 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 IDIB000S302 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDIB000S302 for Indian Bank – SEAWOOD DARAVE, 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 Seawood Darave 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 IDIB000S302 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDIB000S302 belongs to Indian Bank's SEAWOOD DARAVE branch, located at SEAWOOD DARAVE BRANCH SHOP NO456 7 NEELKHANTH RESIDENCY PLOT NO 2 SECTOR 46… in THANE, 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.