Indian Bank, Raisen branch

Raisen, Raisen district, Madhya Pradesh

IFSC code
IDIB000R523
MICR code
464019001
Branch code
00R523

Branch details

BankIndian Bank
BranchRaisen
IFSC codeIDIB000R523
MICR code464019001
AddressPLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551 (map)
PIN code464551
CityRaisen
DistrictRaisen
StateMadhya Pradesh
Phone+916260387066
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IDIB000R523

To send money to an account at the Indian Bank Raisen branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IDIB000R523, 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 IDIB000R523, IDIB identifies Indian Bank, the 5th character is always 0, and 00R523 identifies this branch. The MICR code 464019001 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Bank Raisen branch?

The IFSC code of Indian Bank, Raisen branch (Raisen, Madhya Pradesh) is IDIB000R523.

What is the MICR code of Indian Bank Raisen?

The MICR code of this branch is 464019001.

Does Indian Bank Raisen support RTGS and IMPS?

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