Branch Details — IDIB000N023
| Bank Name | Indian Bank |
| Branch Name | New Timber Yard Lay Out |
| IFSC Code | IDIB000N023 |
| MICR Code | 560019020 |
| Bank Code (RBI) | IDIB |
| Branch Code | 00N023 |
| Address | 319/2 ANJANEYA SWAMY COMPLEX OPP KSRTC DEPOT 5 NEW TIMBER YARD LAYOUT MYSORE ROAD OPP PILLAR NO393 PIN 560026 |
| City | Bengaluru Urban |
| District | New Timber Yard Layout |
| State | Karnataka |
| Contact | +918022958836 |
| Toll Free | 1800-425-00000 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using IDIB000N023
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC IDIB000N023.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC IDIB000N023.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is IDIB000N023. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Indian Bank New Timber Yard Lay Out branch, Bengaluru Urban, Karnataka.
The MICR code is 560019020. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: 319/2 ANJANEYA SWAMY COMPLEX OPP KSRTC DEPOT 5 NEW TIMBER YARD LAYOUT MYSORE ROAD OPP PILLAR NO393 PIN 560026. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
IDIB identifies Indian Bank. The 5th character 0 is reserved by RBI. The last 6 characters 00N023 identify the New Timber Yard Lay Out branch.
Yes. Indian Bank New Timber Yard Lay Out Branch (IFSC: IDIB000N023) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC IDIB000N023 → select NEFT/RTGS/IMPS → confirm with OTP.