INDIAN BANK IFSC Code – SECTOR 20D, CHANDIGARH
Complete bank details including IFSC code, MICR code, address and payment facilities for SECTOR 20D branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | SECTOR 20D |
| IFSC Code | IDIB000S217 |
| MICR Code | 160019020 |
| Address | SCO 20, SECTOR 20-D, CHANDIGARH, CHANDIGARH |
| City | CHANDIGARH |
| State | CHANDIGARH |
| Contact | 0 |
Payment Facilities
About IFSC Code IDIB000S217
The IFSC code IDIB000S217 uniquely identifies the SECTOR 20D branch of INDIAN BANK located in CHANDIGARH, CHANDIGARH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IDIB000S217
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00S217) – Unique branch identifier for SECTOR 20D
How to Use IFSC Code IDIB000S217
To transfer money to any account at INDIAN BANK SECTOR 20D branch, you will need to provide the IFSC code IDIB000S217 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SECTOR 20D
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN BANK SECTOR 20D Branch
INDIAN BANK SECTOR 20D is a branch of INDIAN BANK located in CHANDIGARH, CHANDIGARH. The branch provides comprehensive banking services to customers in CHANDIGARH and surrounding areas.
Branch Address
SCO 20, SECTOR 20-D, CHANDIGARH, CHANDIGARH, CHANDIGARH, CHANDIGARH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 160019020. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN BANK SECTOR 20D?
The IFSC code of INDIAN BANK SECTOR 20D branch in CHANDIGARH is IDIB000S217.
What is the MICR code of INDIAN BANK SECTOR 20D?
The MICR code of INDIAN BANK SECTOR 20D branch is 160019020.
What is the address of INDIAN BANK SECTOR 20D?
INDIAN BANK SECTOR 20D branch is located at SCO 20, SECTOR 20-D, CHANDIGARH, CHANDIGARH.
Does INDIAN BANK SECTOR 20D support NEFT/RTGS/IMPS?
INDIAN BANK SECTOR 20D branch supports NEFT, RTGS, IMPS, and UPI transactions.