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IFSC Code of Indian Bank, Angul, Angul, Odisha — IDIB000A636

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Angul branch in Angul, Angul, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Indian Bank situated in Angul or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDIB000A636. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Angul, Angul

Here are the key points that are associated with the IFSC Code IDIB000A636 of Indian Bank for its branch located in Angul, within the district of Angul in the state of Odisha.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000A636
Branch Angul
City Angul
District Angul
State Odisha
Address Ground Floor Hotel Ashray Umashankar Bazar Turanga Nh 55 Ptc Chowk Angul Angul Pin 759123

These details help users in online banking and for businesses and individuals who use Indian Bank in Angul for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000A636 for the Angul 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 IDIB000A636 is given to every bank branch, including Indian Bank located in Angul, Angul, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Angul.
  • 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 Angul and Angul.
  • 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Angul doesn't end up at another location.

Format of the IFSC Code IDIB000A636

The format of the IFSC Code for banks, including Indian Bank, follows 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 Angul in Angul.

For example, the IFSC Code IDIB000A636 of Indian Bank for the Angul branch includes these elements, identifying the bank and the branch location in Angul and Odisha accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000A636 of Indian Bank for its Angul branch located in Angul, 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 Angul and Angul, 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 Angul or Angul to get the exact IFSC Code IDIB000A636.

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 Angul that will provide accurate information.

How to Use IFSC Code IDIB000A636 for Online Transfers?

Once you have the IFSC Code IDIB000A636 for the Angul branch of Indian Bank in Angul, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000A636. 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 IDIB000A636.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Angul in Angul, 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 Angul, 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 Angul to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Angul, Angul?

The IFSC Code is IDIB000A636.

Is the IFSC Code IDIB000A636 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Angul branch?

The address of the branch is Ground Floor Hotel Ashray Umashankar Bazar Turanga Nh 55 Ptc Chowk Angul Angul Pin 759123 located in Angul, Angul, Odisha.

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.

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