For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its Angwali Colliery branch in Bokaro, Angwali, Jharkhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Bank located in Bokaro or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IDIB000A637. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Angwali Colliery, Bokaro

Below in the table are the key details related to IFSC Code IDIB000A637 of Indian Bank for its branch located in Bokaro, within the district of Angwali in the state of Jharkhand.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000A637
Branch Angwali Colliery
City Bokaro
District Angwali
State Jharkhand
Address Mandap Bari Chouk Via Dhorivill Po Angwali Angwali Angwali Pin 825102

These details help users in online banking and for businesses and individuals who use Indian Bank in Bokaro for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000A637 for the Angwali Colliery 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Angwali Colliery, Bokaro, Jharkhand, are allotted a unique IFSC like IDIB000A637 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bokaro.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bokaro and Angwali.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Indian Bank in Angwali Colliery reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code IDIB000A637

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 Angwali Colliery in Bokaro.

For example, the IFSC Code IDIB000A637 of Indian Bank for the Angwali Colliery branch includes these elements, identifying the bank and the branch location in Bokaro and Jharkhand accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000A637 of Indian Bank for its Angwali Colliery branch located in Bokaro, 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 Bokaro and Angwali, 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 Angwali Colliery or Bokaro to get the exact IFSC Code IDIB000A637.

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 Bokaro that will provide accurate information.

How to Use IFSC Code IDIB000A637 for Online Transfers?

Once you have the IFSC Code IDIB000A637 for the Angwali Colliery branch of Indian Bank in Bokaro, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000A637. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Indian Bank IFSC Code IDIB000A637.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Bank Angwali Colliery in Bokaro, it can result in delayed or failed transactions.

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 Angwali Colliery, 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 Bokaro manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Angwali Colliery Bokaro?

The IFSC Code of the Angwali Colliery Bokaro branch is IDIB000A637.

Is IFSC Code IDIB000A637 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 Angwali Colliery branch?

The branch is located at Mandap Bari Chouk Via Dhorivill Po Angwali Angwali Angwali Pin 825102.

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.