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Verified Branch

Indian Bank

MAJERU Branch, KRISHNA

IFSC Code
IDIB000M123
Required for NEFT, RTGS, IMPS money transfers
MICR Code
521019014
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00M123 Branch Code (6-11)

Complete Branch Details

Full Address DOOR NO1/35 MAIN ROAD MAJERU MAJERU CHALLAPALLI MANDAL PIN 521131
State ANDHRA PRADESH
District / City MAJERU
Centre / Region MAJERU
Contact / Helpline +918672245238
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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 IDIB000M123.
  4. Confirm bank name displays as Indian Bank and branch as MAJERU.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000M123)

What is the IFSC code of Indian Bank MAJERU branch? ↓

The verified 11-digit IFSC code is IDIB000M123. 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 MAJERU? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 521019014. 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 DOOR NO1/35 MAIN ROAD MAJERU MAJERU CHALLAPALLI MANDAL PIN 521131, located in MAJERU district, ANDHRA PRADESH.

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CHALLAPALLI KRISHNA Branch

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CHANUBANDA Branch

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GANDRAYI Branch

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GOLLAPALLI Branch

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