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IFSC Code of Indian Bank, Bundi, Bundi, Rajasthan — IDIB000B192

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Bundi branch in Bundi, Bundi, or Rajasthan, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Bundi or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code IDIB000B192. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Bundi, Bundi

Below in the table are the key details related to IFSC Code IDIB000B192 of Indian Bank for its branch located in Bundi, within the district of Bundi in the state of Rajasthan.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000B192
Branch Bundi
City Bundi
District Bundi
State Rajasthan
Address Indian Bank Sabji Mandi Road Main Market Bundi Pin 323001

These details helps users in online banking and for businesses and individuals who use Indian Bank in Bundi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B192 for the Bundi 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 IDIB000B192 is given to every bank branch, including Indian Bank located in Bundi, Bundi, Rajasthan, to make sure that online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code IDIB000B192

The format of the IFSC Code for banks, including Indian Bank, has 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 Bundi in Bundi.

For example, the IFSC Code IDIB000B192 of Indian Bank for the Bundi branch includes these elements, identifying the bank and the branch location in Bundi and Rajasthan correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000B192 of Indian Bank for its Bundi branch located in Bundi, 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 Bundi and Bundi, 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 Bundi or Bundi to get the exact IFSC Code IDIB000B192.

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 Bundi, you'll get the correct details.

How to Use IFSC Code IDIB000B192 for Online Transfers?

Once you have the IFSC Code IDIB000B192 for the Bundi branch of Indian Bank in Bundi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000B192. 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 IDIB000B192.

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

Frequently Asked Questions (FAQs)

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

The IFSC Code is IDIB000B192.

Is the IFSC Code IDIB000B192 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 Bundi?

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 Bundi branch?

The address of the branch is Indian Bank Sabji Mandi Road Main Market Bundi Pin 323001 located in Bundi, Bundi, Rajasthan.

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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