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Indian Bank

RAMSAGAR PARA RAIPUR Branch, RAIPUR

IFSC Code
IDIB000R029
Required for NEFT, RTGS, IMPS money transfers
MICR Code
492019002
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00R029 Branch Code (6-11)

Complete Branch Details

Full Address 37/154155 SUBHASH MARG JAWAHAR NAGAR RAIPUR PIN 492001
State CHHATTISGARH
District / City JAWAHAR NAGAR
Centre / Region JAWAHAR NAGAR
Contact / Helpline +917714033544
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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 IDIB000R029.
  4. Confirm bank name displays as Indian Bank and branch as RAMSAGAR PARA RAIPUR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000R029)

What is the IFSC code of Indian Bank RAMSAGAR PARA RAIPUR branch? ↓

The verified 11-digit IFSC code is IDIB000R029. 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 RAMSAGAR PARA RAIPUR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 492019002. 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 37/154155 SUBHASH MARG JAWAHAR NAGAR RAIPUR PIN 492001, located in JAWAHAR NAGAR district, CHHATTISGARH.

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