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Verified Branch

Indian Bank

DADAR MARKET Branch, MUMBAI

IFSC Code
IDIB000D503
Required for NEFT, RTGS, IMPS money transfers
MICR Code
400019120
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00D503 Branch Code (6-11)

Complete Branch Details

Full Address SENAPATI BAPAT MARG DADAR BS ROAD POST OFFICE BOX 7043 SENAPATI BAPAT MARG DADAR WEST DADAR POST OFFICE PIN 400028
State MAHARASHTRA
District / City DADAR WEST
Centre / Region DADAR WEST
Contact / Helpline +912224304828
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IDIB000D503.
  4. Confirm bank name displays as Indian Bank and branch as DADAR MARKET.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000D503)

What is the IFSC code of Indian Bank DADAR MARKET branch?

The verified 11-digit IFSC code is IDIB000D503. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indian Bank DADAR MARKET?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 400019120. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is SENAPATI BAPAT MARG DADAR BS ROAD POST OFFICE BOX 7043 SENAPATI BAPAT MARG DADAR WEST DADAR POST OFFICE PIN 400028, located in DADAR WEST district, MAHARASHTRA.