The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Bank for its Sihuli branch in Aurangabad, Sihuli, Bihar, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Indian Bank located in Aurangabad or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000S091. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Sihuli, Aurangabad

Here are some of the key details that come with the IFSC Code IDIB000S091 of Indian Bank for its branch located in Aurangabad, within the district of Sihuli in the state of Bihar.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S091
Branch Sihuli
City Aurangabad
District Sihuli
State Bihar
Address Vill Karmi Tiwari Bigha Po Rafiganj Sihuli Rafiganj Pin 824125

These details helps users in online banking and for businesses and individuals who use Indian Bank in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S091 for the Sihuli branch of Indian Bank plays a vital 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 IDIB000S091 is given to every bank branch, including Indian Bank located in Sihuli, Aurangabad, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code IDIB000S091

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 Sihuli in Aurangabad.

For example, the IFSC Code IDIB000S091 of Indian Bank for the Sihuli branch includes these elements, identifying the bank and the branch location in Aurangabad and Bihar accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000S091 of Indian Bank for its Sihuli branch located in Aurangabad, 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 Aurangabad and Sihuli, 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 Sihuli or Aurangabad to get the exact IFSC Code IDIB000S091.

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 Aurangabad that will provide accurate information.

How to Use IFSC Code IDIB000S091 for Online Transfers?

Once you have the IFSC Code IDIB000S091 for the Sihuli branch of Indian Bank in Aurangabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000S091. 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 IDIB000S091.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in Sihuli, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Aurangabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Sihuli Aurangabad?

The IFSC Code of the Sihuli Aurangabad branch is IDIB000S091.

Is IFSC Code IDIB000S091 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indian Bank Sihuli branch?

The branch is located at Vill Karmi Tiwari Bigha Po Rafiganj Sihuli Rafiganj Pin 824125.

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.