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IDIB000R523: Indian Bank, Raisen

IDIB000R523 is the IFSC code of the Raisen branch of Indian Bank in Raisen, Madhya Pradesh. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
IDIB000R523
Branch
Raisen
MICR code
464019001
Address
Plot No 195 Ward No 15 Sagar Road Arjun Nagar Raisen Raisen PIN 464551
City
Raisen
State
Madhya Pradesh
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What IDIB000R523 means

  • IDIB: the bank, Indian Bank
  • 0: always zero, kept for future use
  • 00R523: the Raisen branch

To send money, add the account number, the account holder's name and IDIB000R523 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other banks in Raisen

Frequently asked questions

Which bank and branch is IDIB000R523?

IDIB000R523 belongs to Indian Bank, Raisen branch, Plot No 195 Ward No 15 Sagar Road Arjun Nagar Raisen Raisen PIN 464551.

What is the MICR code of Indian Bank, Raisen?

The MICR code is 464019001. It is printed at the bottom of cheques from this branch.

Can I use IDIB000R523 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.