IFSCIndex

Indian Bank Ganapathy Devangapet IFSC Code

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Indian Bank

IDIB000G059

IFSC · Used for NEFT, IMPS & RTGS

641019023

MICR · Used for Cheque Clearance

Branch

Ganapathy Devangapet

Address

1373 A Jayasanthi Towers Sathy Road Ganapathy Coimbatore Ganapathy Pin 641006

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District

Coimbatore

State

Tamil Nadu

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Frequently Asked Questions

About Indian Bank Ganapathy Devangapet (towers Sathy Road Ganapathy - G059), Coimbatore

The IFSC code IDIB000G059 (lowercase: idib000g059) belongs to Indian Bank, specifically the Ganapathy Devangapet (towers Sathy Road Ganapathy - G059) branch located in Coimbatore, Tamil Nadu.

The 5th character in the IFSC code IDIB000G059 is a zero (0), not the letter 'O'. The correct format is IDIB000G059 (lowercase: idib000g059), and not IDIBO00G059. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Indian Bank Ganapathy Devangapet (towers Sathy Road Ganapathy - G059) in Coimbatore, Tamil Nadu is IDIB000G059. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Indian Bank Ganapathy Devangapet (towers Sathy Road Ganapathy - G059) is located at 1373 A Jayasanthi Towers Sathy Road Ganapathy Coimbatore Ganapathy Pin 641006, Coimbatore, Tamil Nadu. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Indian Bank Ganapathy Devangapet (towers Sathy Road Ganapathy - G059) is 641019023. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code IDIB000G059 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code IDIB000G059 by checking: (1) The top-left corner of any Indian Bank Ganapathy Devangapet (towers Sathy Road Ganapathy - G059) cheque leaf, (2) The first page of your Indian Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: IDIB000G059

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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IDIB
Bank Codechars 1–4
0Reservedchar 5
00G059
Branch Codechars 6–11

IDIB000G059

What Each Part Means

Bank Code — IDIB
The first 4 characters uniquely identify Indian Bank at the national level. Every branch of Indian Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 00G059
The final 6 characters 00G059 uniquely identify this specific branch within the Indian Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code IDIB000G059
SegmentCharsValuePurpose
Bank Code1–4IDIBIdentifies Indian Bank
Reserved50RBI reserved (always 0)
Branch Code6–1100G059Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchIDIB000G059641019023
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.