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Indian Bank

NACHIAPURAM BRANCH

+914577264255

IFSC CODE
IDIB000N001
MICR Code 630019004
Branch Code 00N001
City / District SIVAGANGA
State TAMIL NADU
Office Address 6/71 NACHIAR AMMAN KOIL STREET NACHIAPURAM PIN 630207
Phone +914577264255
📍 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 NACHIAPURAM branch of Indian Bank, the code IDIB000N001 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 IDIB000N001 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 NACHIAPURAM

Payment Systems Supported by IDIB000N001

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—630019004—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 SIVAGANGA typically follows the RBI holiday calendar. Digital transfers via IDIB000N001 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 IDIB000N001 is the valid code for NACHIAPURAM at SIVAGANGA, 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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