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 Pachdeora Kalan branch in Bareilly, Pachdeora Kalan, Uttar Pradesh, 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 Bareilly or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code IDIB000P505. 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, Pachdeora Kalan, Bareilly
The table below shows the main details of the IFSC Code IDIB000P505 for the Indian Bank branch in Bareilly, which falls under the Pachdeora Kalan district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000P505 |
| Branch | Pachdeora Kalan |
| City | Bareilly |
| District | Pachdeora Kalan |
| State | Uttar Pradesh |
| Address | Vill Pachdeora Kalan Pachdeora Kalan Bhojipura Pin 243202 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Bareilly for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000P505 for the Pachdeora Kalan branch of Indian Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Pachdeora Kalan, Bareilly, Uttar Pradesh, are given a unique IFSC like IDIB000P505 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bareilly.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bareilly and Pachdeora Kalan.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Bank in Pachdeora Kalan goes to the correct branch. This is important because Indian Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDIB000P505
This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Pachdeora Kalan in Bareilly.
For example, the IFSC Code IDIB000P505 of Indian Bank for the Pachdeora Kalan branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000P505 of Indian Bank for its Pachdeora Kalan branch located in Bareilly, the following methods can help:
Cheque Book
The cheque book that is issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Indian Bank branches in Bareilly and Pachdeora Kalan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Indian Bank and look for the branch locator section, then search for Pachdeora Kalan or Bareilly to get the exact IFSC Code IDIB000P505.
Mobile Banking App
If you use Indian Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Bank and Bareilly, then it will provide you proper information.
How to Use IFSC Code IDIB000P505 for Online Transfers?
Once you have the IFSC Code IDIB000P505 for the Pachdeora Kalan branch of Indian Bank in Bareilly, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000P505. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Indian Bank IFSC Code IDIB000P505.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Pachdeora Kalan in Bareilly, your payment can get delayed or might not go through at all.
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 Pachdeora Kalan, 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 Bareilly manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000P505.
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 Vill Pachdeora Kalan Pachdeora Kalan Bhojipura Pin 243202 located in Bareilly, Pachdeora Kalan, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.