Use this page as a one-stop reference for everything related to Indian Bank's HYDERABAD CHIKKADAPALLI branch in VIVEKNAGAR, TELANGANA. The branch's IFSC code IDIB000V541 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 HYDERABAD CHIKKADAPALLI branch, the IFSC IDIB000V541 breaks down as follows: IDIB identifies the bank, 0 is the reserved character, and 00V541 identifies this particular branch.
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Hyderabad Chikkadapalli branch — IFSC IDIB000V541 — extends the bank's services to customers in and around Viveknagar, Telangana.
About the Hyderabad Chikkadapalli branch
The Hyderabad Chikkadapalli branch of Indian Bank is situated at 11258/20 IST FLOOR STREET NO 2 VIVEKNAGAR CHIKKADAPALLI PIN 500020. 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 IDIB000V541 is used.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Hyderabad Chikkadapalli |
| IFSC Code | IDIB000V541 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 11258/20 IST FLOOR STREET NO 2 VIVEKNAGAR CHIKKADAPALLI PIN 500020 |
| City | Viveknagar |
| District | Hyderabad |
| State | Telangana |
| STD Code | 40 |
| Phone | 27669014 |
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 HYDERABAD CHIKKADAPALLI of Indian Bank — its own 11-character IFSC. The code IDIB000V541 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 IDIB000V541 the same way you would treat your account number — verify it once and save it carefully for future use.
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 IDIB000V541 and the account number together uniquely identify the Hyderabad Chikkadapalli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDIB000V541
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 IDIB000V541 across all three.
NEFT to Indian Bank, HYDERABAD CHIKKADAPALLI using IFSC IDIB000V541
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 IDIB000V541, and confirm that the system picks up Indian Bank – HYDERABAD CHIKKADAPALLI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000V541
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 – HYDERABAD CHIKKADAPALLI, ensure your bank's portal accepts IFSC IDIB000V541 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – HYDERABAD CHIKKADAPALLI, use IMPS. With IFSC IDIB000V541 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Hyderabad Chikkadapalli
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 IDIB000V541:
- 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 HYDERABAD CHIKKADAPALLI is still linked to IFSC IDIB000V541.
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 IDIB000V541
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 – HYDERABAD CHIKKADAPALLI is still mapped to IFSC IDIB000V541. 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 IDIB000V541 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Hyderabad Chikkadapalli branch is mapped to IFSC IDIB000V541 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 IDIB000V541.
Banking services available
The Hyderabad Chikkadapalli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 40-27669014.
- 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 IDIB000V541
Online banking and IFSC IDIB000V541
Indian Bank customers can register for net banking and the bank's official mobile app once their account at the HYDERABAD CHIKKADAPALLI 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 IDIB000V541 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.
How to reach the Hyderabad Chikkadapalli branch
The branch is located at 11258/20 IST FLOOR STREET NO 2 VIVEKNAGAR CHIKKADAPALLI PIN 500020, which puts it inside Viveknagar, the broader Hyderabad district, and the state of Telangana. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Hyderabad Chikkadapalli branch” — the verified location pin for IFSC IDIB000V541 should appear at the top of the results.
- Confirm the branch is open by calling 40-27669014 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 IDIB000V541 and your account number.
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 – HYDERABAD CHIKKADAPALLI:
- The IFSC is exactly IDIB000V541 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 HYDERABAD CHIKKADAPALLI 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.
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 Hyderabad Chikkadapalli branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000V541, however, work 24x7.
Verifying IFSC IDIB000V541 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 IDIB000V541 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-27669014.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian BankHyderabad Chikkadapalli Branch
11258/20 IST FLOOR STREET NO 2 VIVEKNAGAR CHIKKADAPALLI PIN 500020
Viveknagar, Telangana
Phone: 40-27669014
IFSC: IDIB000V541
Frequently asked questions
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 Hyderabad Chikkadapalli branch but serve different purposes.
What is the phone number of Indian Bank Hyderabad Chikkadapalli branch?
You can reach the branch at 40-27669014 during regular banking hours.
Where is Indian Bank Hyderabad Chikkadapalli branch located?
Indian Bank's Hyderabad Chikkadapalli branch is located at 11258/20 IST FLOOR STREET NO 2 VIVEKNAGAR CHIKKADAPALLI PIN 500020, Viveknagar, Telangana.
Is IFSC IDIB000V541 the same for all accounts at Hyderabad Chikkadapalli branch?
Yes. The IFSC IDIB000V541 is shared by every account held at Indian Bank's Hyderabad Chikkadapalli branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IDIB000V541 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Hyderabad Chikkadapalli reflect within 30 minutes.
Does Indian Bank Hyderabad Chikkadapalli branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 40-27669014 to confirm.
Is IFSC IDIB000V541 valid for NEFT and RTGS?
Yes. IFSC IDIB000V541 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IDIB000V541 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000V541 to send funds instantly.
Final notes
To recap: IDIB000V541 is the IFSC code of Indian Bank, HYDERABAD CHIKKADAPALLI branch, in VIVEKNAGAR, TELANGANA. 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.
