Indian Bank — BARWALA ROAD DERABASSI Branch

How to Use IDIB000D058 for Money Transfers

The IFSC code IDIB000D058 is specifically assigned to the BARWALA ROAD DERABASSI branch of Indian Bank located in SAS NAGAR MOHALI, PUNJAB. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IDIB000D058 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IDIB000D058 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IDIB000D058 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Indian Bank BARWALA ROAD DERABASSI Branch

The BARWALA ROAD DERABASSI branch of Indian Bank is situated in SAS NAGAR MOHALI, PUNJAB. The branch address is GURBAX COLONY BARWALA ROAD DERA BASSI DERA BASSI PIN 140507. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +911762282829. Always use the IFSC code IDIB000D058 when making any online fund transfer to an account held at this branch.