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Indian Bank

B.L.D.INTER COLLEGE BR. BAIRIA BRANCH

+917800933754

IFSC CODE
IDIB000B558
MICR Code 277019007
Branch Code 00B558
City / District BAIRIA
State UTTAR PRADESH
Office Address BLD INTER COLLEGE VILL PO BAIRIA BAIRIA BAIRIA PIN 277201
Phone +917800933754
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Indian Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the B.L.D.INTER COLLEGE BR. BAIRIA branch of Indian Bank, the code IDIB000B558 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the IDIB000B558 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IDIB" represents Indian Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for B.L.D.INTER COLLEGE BR. BAIRIA

Payment Systems Supported by IDIB000B558

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—277019007—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Indian Bank in BAIRIA typically follows the RBI holiday calendar. Digital transfers via IDIB000B558 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While IDIB000B558 is the valid code for B.L.D.INTER COLLEGE BR. BAIRIA at BAIRIA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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Platform Links

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