SOUTH DELHI, DELHI
IFSC Code
IDIB000B517
MICR Code
110019240
Branch
NEW DELHI BADARPUR
Bank
Indian Bank
District
BADARPUR
State
DELHI
Contact
+919852307259
Address
BLDG NO I41 MAIN JAITPUR ROAD HARI NAGAR EXTENSION BADARPUR BADARPUR PIN 110044
NEFT (National Electronic Funds Transfer) lets you send money to any account at Indian Bank's NEW DELHI BADARPUR branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.
For amounts of ₹2 lakh or more sent to an account at Indian Bank, NEW DELHI BADARPUR, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.
IMPS (Immediate Payment Service) is the fastest of the three — funds move to NEW DELHI BADARPUR within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.
A distinction that matters if you're transferring to NEW DELHI BADARPUR: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting NEW DELHI BADARPUR In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for Indian Bank's NEW DELHI BADARPUR branch in SOUTH DELHI, BADARPUR, DELHI is IDIB000B517. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 110019240. MICR codes are used for cheque clearing, while the IFSC code (IDIB000B517) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: BLDG NO I41 MAIN JAITPUR ROAD HARI NAGAR EXTENSION BADARPUR BADARPUR PIN 110044. It falls under BADARPUR district, DELHI.
Yes — the same IFSC code (IDIB000B517) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Yes, this branch's listed contact number is +919852307259.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.