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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Bank for its Methodist Hospital branch in Buxar, Pratap Sagar, Bihar, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Indian Bank located in Buxar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000P672. 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, Methodist Hospital, Buxar

Here are the main details that are associated with the IFSC Code IDIB000P672 of Indian Bank for its branch located in Buxar, within the district of Pratap Sagar in the state of Bihar.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000P672
Branch Methodist Hospital
City Buxar
District Pratap Sagar
State Bihar
Address Campus Of Methodologist Hospital Pratap Sagar Purana Bhojpur Buxar Pratap Sagar Buxar Pin 802133

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Buxar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000P672 for the Methodist Hospital 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 Methodist Hospital, Buxar, Bihar, are given a unique IFSC like IDIB000P672 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Buxar.
  • 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 Buxar and Pratap Sagar.
  • 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 Methodist Hospital goes to the correct branch. This is important because Indian Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000P672

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 Methodist Hospital in Buxar.

For example, the IFSC Code IDIB000P672 of Indian Bank for the Methodist Hospital branch includes these elements, identifying the bank and the branch location in Buxar and Bihar correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000P672 of Indian Bank for its Methodist Hospital branch located in Buxar, 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 Buxar and Pratap Sagar, 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 Methodist Hospital or Buxar to get the exact IFSC Code IDIB000P672.

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 Buxar that will provide accurate information.

How to Use IFSC Code IDIB000P672 for Online Transfers?

If you have the IFSC Code IDIB000P672 for the Methodist Hospital branch of Indian Bank in Buxar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000P672. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000P672.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Methodist Hospital in Buxar, it may result in delayed or failed transactions.

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 Methodist Hospital, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Buxar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Methodist Hospital, Buxar?

The IFSC Code is IDIB000P672.

Is the IFSC Code IDIB000P672 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 Methodist Hospital?

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 Methodist Hospital branch?

The address of the branch is Campus Of Methodologist Hospital Pratap Sagar Purana Bhojpur Buxar Pratap Sagar Buxar Pin 802133 located in Buxar, Pratap Sagar, Bihar.

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.