INDIAN BANKVerified Feb 2026

INDIAN BANK IFSC Code – SUNAM, SUNAM

Complete bank details including IFSC code, MICR code, address and payment facilities for SUNAM branch.

IFSC Code
IDIB000S240

Bank Details

Bank NameINDIAN BANK
Branch NameSUNAM
IFSC CodeIDIB000S240
MICR CodeWAITING
AddressMATA MODI CHOWK, SUNAM, SANGRUR DIST, PUNJAB, PIN 148028
CitySUNAM
DistrictSANGRUR
StatePUNJAB
Contact8427688098

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IDIB000S240

The IFSC code IDIB000S240 uniquely identifies the SUNAM branch of INDIAN BANK located in SUNAM, PUNJAB. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IDIB000S240

  • First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (00S240) – Unique branch identifier for SUNAM

How to Use IFSC Code IDIB000S240

To transfer money to any account at INDIAN BANK SUNAM branch, you will need to provide the IFSC code IDIB000S240 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SUNAM

  • 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 SUNAM Branch

INDIAN BANK SUNAM is a branch of INDIAN BANK located in SUNAM, PUNJAB. The branch provides comprehensive banking services to customers in SUNAM and surrounding areas.

Branch Address

MATA MODI CHOWK, SUNAM, SANGRUR DIST, PUNJAB, PIN 148028, SUNAM, PUNJAB

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 WAITING. 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 SUNAM?

The IFSC code of INDIAN BANK SUNAM branch in SUNAM is IDIB000S240.

What is the MICR code of INDIAN BANK SUNAM?

The MICR code of INDIAN BANK SUNAM branch is WAITING.

What is the address of INDIAN BANK SUNAM?

INDIAN BANK SUNAM branch is located at MATA MODI CHOWK, SUNAM, SANGRUR DIST, PUNJAB, PIN 148028.

Does INDIAN BANK SUNAM support NEFT/RTGS/IMPS?

INDIAN BANK SUNAM branch supports NEFT, RTGS, IMPS, and UPI transactions.