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Verified Branch

Indian Bank

MALHIPUR Branch, BEGUSARAI

IFSC Code
IDIB000M585
Required for NEFT, RTGS, IMPS money transfers
MICR Code
851019105
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00M585 Branch Code (6-11)

Complete Branch Details

Full Address NR TN HIGH SCHOOL VILL MALHIPUR PO SHALIGRAMI MALHIPUR SHALIGRAMI PIN 851217
State BIHAR
District / City MALHIPUR
Centre / Region MALHIPUR
Contact / Helpline +918948359595
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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 IDIB000M585.
  4. Confirm bank name displays as Indian Bank and branch as MALHIPUR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000M585)

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

The verified 11-digit IFSC code is IDIB000M585. 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 MALHIPUR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 851019105. 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 NR TN HIGH SCHOOL VILL MALHIPUR PO SHALIGRAMI MALHIPUR SHALIGRAMI PIN 851217, located in MALHIPUR district, BIHAR.

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