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 Daxini Society branch in Ahmedabad, Mani Nagar, Gujarat, 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 Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IDIB000D042. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Daxini Society, Ahmedabad
Here are the main details that are associated with the IFSC Code IDIB000D042 of Indian Bank for its branch located in Ahmedabad, within the district of Mani Nagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000D042 |
| Branch | Daxini Society |
| City | Ahmedabad |
| District | Mani Nagar |
| State | Gujarat |
| Address | Dixit Bungalow Daxini Society Mani Nagar Daxini Society Pin 380008 |
These details help users in online banking and for businesses and individuals who use Indian Bank in Ahmedabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000D042 for the Daxini Society branch of Indian Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IDIB000D042 is given to every bank branch, including Indian Bank located in Daxini Society, Ahmedabad, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Ahmedabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ahmedabad and Mani Nagar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Daxini Society doesn't end up at another location.
Format of the IFSC Code IDIB000D042
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 Daxini Society in Ahmedabad.
For example, the IFSC Code IDIB000D042 of Indian Bank for the Daxini Society branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat correctly.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000D042 of Indian Bank for its Daxini Society branch located in Ahmedabad, 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 Ahmedabad and Mani Nagar, 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 Daxini Society or Ahmedabad to get the exact IFSC Code IDIB000D042.
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 Ahmedabad that will provide accurate information.
How to Use IFSC Code IDIB000D042 for Online Transfers?
If you have the IFSC Code IDIB000D042 for the Daxini Society branch of Indian Bank in Ahmedabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000D042. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000D042.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Daxini Society in Ahmedabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Daxini Society, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Indian Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ahmedabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000D042.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dixit Bungalow Daxini Society Mani Nagar Daxini Society Pin 380008 located in Ahmedabad, Mani Nagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.