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 Singti branch in Buxar, Sikthi, 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 IDIB000S686. 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, Singti, Buxar
Below in the table are the key details related to IFSC Code IDIB000S686 of Indian Bank for its branch located in Buxar, within the district of Sikthi in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000S686 |
| Branch | Singti |
| City | Buxar |
| District | Sikthi |
| State | Bihar |
| Address | Via Dinara Vill Po Sikthi Sikthi Sikthi Sikthi Pin 802213 |
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 IDIB000S686 for the Singti branch of Indian Bank plays an important 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 IDIB000S686 is given to every bank branch, including Indian Bank located in Singti, Buxar, Bihar, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Buxar.
- 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 Buxar and Sikthi.
- 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Singti doesn't end up at another location.
Format of the IFSC Code IDIB000S686
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 Singti in Buxar.
For example, the IFSC Code IDIB000S686 of Indian Bank for the Singti 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 IDIB000S686 of Indian Bank for its Singti 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 Sikthi, 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 Singti or Buxar to get the exact IFSC Code IDIB000S686.
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 IDIB000S686 for Online Transfers?
Once you have the IFSC Code IDIB000S686 for the Singti 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 IDIB000S686. 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 IDIB000S686.
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 Singti in Buxar, it can 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 Singti, 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)
The IFSC Code is IDIB000S686.
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 Via Dinara Vill Po Sikthi Sikthi Sikthi Sikthi Pin 802213 located in Buxar, Sikthi, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.