Indian Bank Raisen Branch โ IFSC Code
RAISEN, MADHYA PRADESH
IFSC Code
IDIB000R523
| IFSC Code | IDIB000R523 |
| MICR Code | 464019001 |
| Bank | Indian Bank |
| Branch | Raisen |
| City | RAISEN |
| District | RAISEN |
| State | MADHYA PRADESH |
| Address | PLOT NO 195 WARD NO 15 SAGAR ROAD ARJUN NAGAR RAISEN RAISEN PIN 464551 |
| Contact | +916260387066 |
| NEFT Enabled | Yes โ |
| RTGS Enabled | Yes โ |
| IMPS Enabled | Yes โ |
| UPI Enabled | Yes โ |
๐ Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Indian Bank official site โ
How to Use IFSC Code IDIB000R523
- 1. Login to your bank's mobile app or net banking
- 2. Go to Fund Transfer โ Add Beneficiary
- 3. Enter recipient's account number + IFSC: IDIB000R523
- 4. Wait 30 minโ24 hrs for beneficiary activation
- 5. Transfer via NEFT (free) or RTGS (โน2L+, instant)
IFSC Code Format โ Indian Bank
IDIB000R523
โ Bank codeโ Reservedโ Branch code
Frequently Asked Questions
What is the IFSC code of Indian Bank Raisen?
The IFSC code is IDIB000R523. Use this for NEFT, RTGS, and IMPS transfers to Indian Bank Raisen branch in RAISEN.
What is the MICR code of Indian Bank Raisen?
The MICR code is 464019001. MICR codes are used for cheque processing, not for digital transfers.
Is IDIB000R523 valid for UPI transfers?
UPI transfers using a UPI ID do not require IFSC โ the app resolves it automatically. Use IDIB000R523 only for NEFT, RTGS, or IMPS when adding a bank account manually.