For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its Dongargaon branch in Agarmalwa, Agarmalwa, Madhya Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Bank located in Agarmalwa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000D655. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Dongargaon, Agarmalwa

Here are some of the key details that come with the IFSC Code IDIB000D655 of Indian Bank for its branch located in Agarmalwa, within the district of Agarmalwa in the state of Madhya Pradesh.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000D655
Branch Dongargaon
City Agarmalwa
District Agarmalwa
State Madhya Pradesh
Address 1 Village Post Dongargaon Tehsil Susner Dongargaon Pin 465449

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Agarmalwa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000D655 for the Dongargaon branch of Indian Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Dongargaon, Agarmalwa, Madhya Pradesh, is provided a unique IFSC like IDIB000D655 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Agarmalwa.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Agarmalwa and Agarmalwa.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Dongargaon do not get misguided to another person.

Format of the IFSC Code IDIB000D655

The format of the IFSC Code for banks, including Indian Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Indian Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dongargaon in Agarmalwa.

For example, the IFSC Code IDIB000D655 of Indian Bank for the Dongargaon branch includes these elements, identifying the bank and the branch location in Agarmalwa and Madhya Pradesh correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000D655 of Indian Bank for its Dongargaon branch located in Agarmalwa, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indian Bank branches in Agarmalwa and Agarmalwa, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and find the branch locator section. Search for Dongargaon or Agarmalwa to get the exact IFSC Code IDIB000D655.

Mobile Banking App

If you use Indian Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Indian Bank and Agarmalwa that will provide accurate information.

How to Use IFSC Code IDIB000D655 for Online Transfers?

Once you have the IFSC Code IDIB000D655 for the Dongargaon branch of Indian Bank in Agarmalwa, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000D655. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Indian Bank IFSC Code IDIB000D655.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Dongargaon in Agarmalwa, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indian Bank in Dongargaon, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Indian Bank website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Agarmalwa manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Dongargaon, Agarmalwa?

The IFSC Code is IDIB000D655.

Is the IFSC Code IDIB000D655 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Dongargaon?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dongargaon branch?

The address of the branch is 1 Village Post Dongargaon Tehsil Susner Dongargaon Pin 465449 located in Agarmalwa, Agarmalwa, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.