Indian Bank, Power House Road Ratlam branch

Ratlam, Ratlam district, Madhya Pradesh

IFSC code
IDIB000R054
MICR code
457019002
Branch code
00R054

Branch details

BankIndian Bank
BranchPower House Road Ratlam
IFSC codeIDIB000R054
MICR code457019002
Address999 SHALIMAR COMPLEX POWER HOUSE ROAD NEAR SAILANA BUS STAND RATLAM PIN 457001 (map)
PIN code457001
CityRatlam
DistrictRatlam
StateMadhya Pradesh
Phone+917412235865
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IDIB000R054

To send money to an account at the Indian Bank Power House Road Ratlam branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IDIB000R054, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In IDIB000R054, IDIB identifies Indian Bank, the 5th character is always 0, and 00R054 identifies this branch. The MICR code 457019002 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Bank Power House Road Ratlam branch?

The IFSC code of Indian Bank, Power House Road Ratlam branch (Ratlam, Madhya Pradesh) is IDIB000R054.

What is the MICR code of Indian Bank Power House Road Ratlam?

The MICR code of this branch is 457019002.

Does Indian Bank Power House Road Ratlam support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.