This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, VELANKANNI branch in VELANKANNI. The 11-digit IFSC IDIB000V132 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the VELANKANNI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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, IDIB000V132 is the IFSC of Indian Bank's VELANKANNI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00V132 = branch identifier.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Velankanni |
| IFSC Code | IDIB000V132 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111 |
| City | Velankanni |
| District | Nagapattinam |
| State | Tamil Nadu |
| STD Code | 4365 |
| Phone | 264755 |
About the bank
Indian Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Velankanni branch in Velankanni, Tamil Nadu is part of this network and uses the IFSC code IDIB000V132 for all electronic settlement.
About the Velankanni branch
The Velankanni branch of Indian Bank is situated at SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111. 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 IDIB000V132 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 VELANKANNI branch came to be assigned the code IDIB000V132.
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 IDIB000V132, money simply cannot be routed to the VELANKANNI branch electronically.
How to transfer money using IFSC IDIB000V132
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 IDIB000V132 across all three.
How to use IFSC IDIB000V132 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's VELANKANNI 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 IDIB000V132.
- Confirm the bank name auto-populates as Indian Bank and the branch as VELANKANNI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000V132
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 – VELANKANNI, ensure your bank's portal accepts IFSC IDIB000V132 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank VELANKANNI (IFSC IDIB000V132)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000V132 in your mobile or internet banking app, and the money is credited to the VELANKANNI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000V132 for Indian Bank – VELANKANNI, 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 – IDIB000V132 | Yes – IDIB000V132 | Yes – IDIB000V132 |
For most retail customers crediting the Velankanni 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.
UPI payments and IFSC IDIB000V132
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 – VELANKANNI is still mapped to IFSC IDIB000V132. 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 IDIB000V132 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Velankanni branch is mapped to IFSC IDIB000V132 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 IDIB000V132.
Banking services available
The Velankanni branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 4365-264755.
- 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 IDIB000V132
MICR & cheque-truncation details
Cheques drawn on the Velankanni branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000V132 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IDIB000V132
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the VELANKANNI 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 IDIB000V132 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.
Common mistakes to avoid when using IFSC IDIB000V132
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 – VELANKANNI, 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:
IDIB000V132. - 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 Velankanni branch
The branch is located at SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111, which puts it inside Velankanni, the broader Nagapattinam district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Velankanni branch” — the verified location pin for IFSC IDIB000V132 should appear at the top of the results.
- Confirm the branch is open by calling 4365-264755 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 IDIB000V132 and your account number.
Verifying IFSC IDIB000V132 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 IDIB000V132 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 4365-264755.
- Visiting the bank's official branch locator page.
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 Velankanni branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000V132, however, work 24x7.
Branch address & contact
Indian BankVelankanni Branch
SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111
Velankanni, Tamil Nadu
Phone: 4365-264755
IFSC: IDIB000V132
Frequently asked questions
Where is Indian Bank Velankanni branch located?
Indian Bank's Velankanni branch is located at SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111, Velankanni, Tamil Nadu.
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 Velankanni branch but serve different purposes.
How do I add Indian Bank Velankanni as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000V132, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Bank Velankanni branch?
You can reach the branch at 4365-264755 during regular banking hours.
Is IFSC IDIB000V132 the same for all accounts at Velankanni branch?
Yes. The IFSC IDIB000V132 is shared by every account held at Indian Bank's Velankanni branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IDIB000V132 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Velankanni reflect within 30 minutes.
Summary
The IFSC code IDIB000V132 belongs to Indian Bank's VELANKANNI branch, located at SIVAN WEST STREET VELANKANNI VELANKANNI PIN 611111 in VELANKANNI, 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.
