Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Bank for its Maskati Market, Ahmedabad branch in Ahmedabad, Ahmedabad, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Indian Bank located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IDIB000M652. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Maskati Market, Ahmedabad, Ahmedabad
Here are some of the key details that come with the IFSC Code IDIB000M652 of Indian Bank for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M652 |
| Branch | Maskati Market, Ahmedabad |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | First Floor Sthuli Bhadra Building Reid Road Ahmedabad Kalupur Pin 380002 |
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 IDIB000M652 for the Maskati Market, Ahmedabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Maskati Market, Ahmedabad, Ahmedabad, Gujarat, is provided a unique IFSC like IDIB000M652 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Ahmedabad.
- 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 Ahmedabad and Ahmedabad.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Maskati Market, Ahmedabad do not get misguided to another person.
Format of the IFSC Code IDIB000M652
The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Maskati Market, Ahmedabad in Ahmedabad.
For example, the IFSC Code IDIB000M652 of Indian Bank for the Maskati Market, Ahmedabad branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000M652 of Indian Bank for its Maskati Market, Ahmedabad 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 Ahmedabad, 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 Maskati Market, Ahmedabad or Ahmedabad to get the exact IFSC Code IDIB000M652.
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 IDIB000M652 for Online Transfers?
If you have the IFSC Code IDIB000M652 for the Maskati Market, Ahmedabad 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 IDIB000M652. 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 IDIB000M652.
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 Maskati Market, Ahmedabad in Ahmedabad, it may result in delayed or failed transactions.
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 Maskati Market, Ahmedabad, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ahmedabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Maskati Market, Ahmedabad Ahmedabad branch is IDIB000M652.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at First Floor Sthuli Bhadra Building Reid Road Ahmedabad Kalupur Pin 380002.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.