Indian Bank - Karol Bagh IFSC Code

Central Delhi Delhi
IFSC Code
IDIB000K023
MICR Code
110019007
Bank Code
IDIB

Payment Services

NEFT Available
RTGS Available
IMPS Available
UPI Available

Location & Contact

ADDRESS
10223 GURUDWARA ROAD NEAR BIKANERWALA NAIWALA KAROLBAGH NEW DELHI KAROL BAGH PIN 110005
DISTRICT
New Delhi
STATE
Delhi
CONTACT
+911141076651

About Indian Bank KAROL BAGH Branch

The Indian Bank Karol Bagh branch is located in Central Delhi, New Delhi district, Delhi. Its official IFSC code is IDIB000K023. This branch offers a wide range of banking services to customers in the Central Delhi area, including savings and current accounts, loans, and digital banking facilities.

You can use the IFSC code IDIB000K023 for all online fund transfers, such as NEFT, RTGS, IMPS and UPI. It is mandatory to provide this code when adding a beneficiary to ensure that your funds are transferred securely and accurately to this specific branch.

Additionally, this branch has the MICR code 110019007, which is used for the processing and clearing of cheques. This code is printed on the bottom of cheque leaves and facilitates faster clearing.

Whether you are receiving funds or sending money to an account at the Karol Bagh branch, always verify the IFSC code IDIB000K023 before confirming the transaction.

How to Use This IFSC Code

The IFSC code IDIB000K023 is required for:

  • NEFT Transfers: National Electronic Funds Transfer to this branch
  • RTGS Transfers: Real Time Gross Settlement for large transactions
  • IMPS Transfers: Immediate Payment Service for instant transfers
  • UPI Setup: Link your bank account to UPI apps
  • Online Bill Payments: Add beneficiary for utility payments

Simply enter IDIB000K023 when prompted for the IFSC code during any online banking transaction.

Frequently Asked Questions

The IFSC code for the Karol Bagh branch of Indian Bank in Central Delhi, Delhi is IDIB000K023. This code is used for all online banking transactions including NEFT, RTGS, and IMPS.
The MICR (Magnetic Ink Character Recognition) code for this branch is 110019007. MICR codes are used for cheque processing and clearing.
Yes, the Karol Bagh branch of Indian Bank supports both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. You can use the IFSC code IDIB000K023 for these services.
The complete address is: 10223 GURUDWARA ROAD NEAR BIKANERWALA NAIWALA KAROLBAGH NEW DELHI KAROL BAGH PIN 110005, Central Delhi, Delhi. This branch serves customers in the Central Delhi area.
Yes, Indian Bank supports UPI (Unified Payments Interface) services. You can link your account from this branch to UPI apps for instant payments and transfers.
To use this IFSC code, enter IDIB000K023 in the IFSC code field when adding a beneficiary or making an online transfer. Ensure you also enter the correct account number and account holder name for successful transactions.