This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, VELIVENNU branch in VELIVENNU. The 11-digit IFSC IDIB000V015 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 VELIVENNU 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, IDIB000V015 is the IFSC of Indian Bank's VELIVENNU branch. The format is fixed: IDIB = bank code, 0 = reserved, 00V015 = branch identifier.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Velivennu |
| IFSC Code | IDIB000V015 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 386 III WARD MAIN ROAD VELIVENNU VELIVENNU PIN 534329 |
| City | Velivennu |
| District | West Godavari |
| State | Andhra Pradesh |
| STD Code | 8819 |
| Phone | 283221 |
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Velivennu branch in Velivennu. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDIB000V015.
Velivennu branch overview
Located at 386 III WARD MAIN ROAD VELIVENNU VELIVENNU PIN 534329, the Velivennu branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000V015 is required for all interbank electronic transfers routed through this branch.
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 VELIVENNU branch came to be assigned the code IDIB000V015.
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 IDIB000V015, money simply cannot be routed to the VELIVENNU branch electronically.
How to transfer money using IFSC IDIB000V015
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 IDIB000V015 across all three.
How to use IFSC IDIB000V015 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Bank's VELIVENNU 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 IDIB000V015.
- Confirm the bank name auto-populates as Indian Bank and the branch as VELIVENNU.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDIB000V015
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 – VELIVENNU, ensure your bank's portal accepts IFSC IDIB000V015 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Bank VELIVENNU (IFSC IDIB000V015)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000V015 in your mobile or internet banking app, and the money is credited to the VELIVENNU branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000V015 for Indian Bank – VELIVENNU, 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 – IDIB000V015 | Yes – IDIB000V015 | Yes – IDIB000V015 |
For most retail customers crediting the Velivennu 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 IDIB000V015
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 – VELIVENNU is still mapped to IFSC IDIB000V015. 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 IDIB000V015 and the beneficiary's account number to complete the transfer.
Account types you can open at the Velivennu branch
Once you have an account at Indian Bank – VELIVENNU, the IFSC IDIB000V015 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 Velivennu 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 IDIB000V015
MICR & cheque-truncation details
Cheques drawn on the Velivennu branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000V015 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IDIB000V015
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the VELIVENNU 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 IDIB000V015 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 IDIB000V015
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 – VELIVENNU, 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:
IDIB000V015. - 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 Velivennu branch sits at 386 III WARD MAIN ROAD VELIVENNU VELIVENNU PIN 534329. If you are travelling from outside Velivennu, search for the branch on a maps application using the bank name and locality, or call 8819-283221 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 IDIB000V015 and your account number.
Verifying IFSC IDIB000V015 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 IDIB000V015 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 8819-283221.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Velivennu 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 IDIB000V015 continue to work without interruption.
Branch address & contact
Indian BankVelivennu Branch
386 III WARD MAIN ROAD VELIVENNU VELIVENNU PIN 534329
Velivennu, Andhra Pradesh
Phone: 8819-283221
IFSC: IDIB000V015
Frequently asked questions
How do I add Indian Bank Velivennu as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000V015, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDIB000V015 valid for NEFT and RTGS?
Yes. IFSC IDIB000V015 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IDIB000V015 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Velivennu reflect within 30 minutes.
Where is Indian Bank Velivennu branch located?
Indian Bank's Velivennu branch is located at 386 III WARD MAIN ROAD VELIVENNU VELIVENNU PIN 534329, Velivennu, Andhra Pradesh.
Can I use IFSC IDIB000V015 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000V015 to send funds instantly.
Is IFSC IDIB000V015 the same for all accounts at Velivennu branch?
Yes. The IFSC IDIB000V015 is shared by every account held at Indian Bank's Velivennu branch. Only the account number changes from customer to customer.
What is the IFSC code of Indian Bank Velivennu branch?
The IFSC code of Indian Bank, Velivennu branch is IDIB000V015. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IDIB000V015 is the IFSC code of Indian Bank, VELIVENNU branch, in VELIVENNU, ANDHRA PRADESH. 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.
