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 Chilhari branch in Buxar, Chilhari, Bihar, 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 Buxar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code IDIB000C588. 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, Chilhari, Buxar
Here are the key points that are associated with the IFSC Code IDIB000C588 of Indian Bank for its branch located in Buxar, within the district of Chilhari in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000C588 |
| Branch | Chilhari |
| City | Buxar |
| District | Chilhari |
| State | Bihar |
| Address | Vill /Po Chilhari Ps Dumraou Chilhari Chilhari Pin 802133 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Buxar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000C588 for the Chilhari branch of Indian Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Chilhari, Buxar, Bihar, is provided a unique IFSC like IDIB000C588 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Buxar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Buxar and Chilhari.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Chilhari do not get misguided to another person.
Format of the IFSC Code IDIB000C588
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 Chilhari in Buxar.
For example, the IFSC Code IDIB000C588 of Indian Bank for the Chilhari branch includes these elements, identifying the bank and the branch location in Buxar and Bihar accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000C588 of Indian Bank for its Chilhari branch located in Buxar, 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
You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Buxar and Chilhari, print them 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 Chilhari or Buxar to get the exact IFSC Code IDIB000C588.
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 Buxar, you'll get the correct details.
How to Use IFSC Code IDIB000C588 for Online Transfers?
Once you have the IFSC Code IDIB000C588 for the Chilhari branch of Indian Bank in Buxar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000C588. 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 IDIB000C588.
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 Chilhari in Buxar, 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 Chilhari, 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 Buxar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chilhari Buxar branch is IDIB000C588.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vill /Po Chilhari Ps Dumraou Chilhari Chilhari Pin 802133.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.