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 Ramnagar Sheopura branch in Balrampur, Sheopura, Uttar Pradesh, 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 Balrampur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000R566. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Ramnagar Sheopura, Balrampur
Here are some of the key details that come with the IFSC Code IDIB000R566 of Indian Bank for its branch located in Balrampur, within the district of Sheopura in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000R566 |
| Branch | Ramnagar Sheopura |
| City | Balrampur |
| District | Sheopura |
| State | Uttar Pradesh |
| Address | At Ramnagar Vill Po Motipur Sheopura) Sheopura Sheopura Pin 271207 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Balrampur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000R566 for the Ramnagar Sheopura branch of Indian Bank is vital.
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 IDIB000R566 is given to every bank branch, including Indian Bank located in Ramnagar Sheopura, Balrampur, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Balrampur.
- 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 Balrampur and Sheopura.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Ramnagar Sheopura doesn't end up at another location.
Format of the IFSC Code IDIB000R566
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 Ramnagar Sheopura in Balrampur.
For example, the IFSC Code IDIB000R566 of Indian Bank for the Ramnagar Sheopura branch includes these elements, identifying the bank and the branch location in Balrampur and Uttar Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000R566 of Indian Bank for its Ramnagar Sheopura branch located in Balrampur, the following methods can help:
Cheque Book
The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Indian Bank branches in Balrampur and Sheopura, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Indian Bank and navigate to the branch locator section. Search for Ramnagar Sheopura or Balrampur to get the exact IFSC Code IDIB000R566.
Mobile Banking App
If you use Indian Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Indian Bank and Balrampur, you'll get the correct details.
How to Use IFSC Code IDIB000R566 for Online Transfers?
Once you have the IFSC Code IDIB000R566 for the Ramnagar Sheopura branch of Indian Bank in Balrampur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000R566. 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 IDIB000R566.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Ramnagar Sheopura in Balrampur, 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 Ramnagar Sheopura, 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 Balrampur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000R566.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Ramnagar Vill Po Motipur Sheopura) Sheopura Sheopura Pin 271207 located in Balrampur, Sheopura, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.