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IFSC Code of Indian Bank, New Rohtak Road, Central Delhi, Delhi — IDIB000N589

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Bank for its New Rohtak Road branch in Central Delhi, Central Delhi, Delhi, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Indian Bank located in Central Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000N589. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, New Rohtak Road, Central Delhi

Here are the key points that are associated with the IFSC Code IDIB000N589 of Indian Bank for its branch located in Central Delhi, within the district of Central Delhi in the state of Delhi.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000N589
Branch New Rohtak Road
City Central Delhi
District Central Delhi
State Delhi
Address 25 B/7 New Rohtak Road New Rohtak Road Karol Bagh Pin 110005

These details helps users in online banking and for businesses and individuals who use Indian Bank in Central Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000N589 for the New Rohtak Road 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in New Rohtak Road, Central Delhi, Delhi, are given a unique IFSC like IDIB000N589 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Central Delhi.
  • 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 Central Delhi and Central Delhi.
  • 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 New Rohtak Road goes to the correct branch. This is important because Indian Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000N589

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 New Rohtak Road in Central Delhi.

For example, the IFSC Code IDIB000N589 of Indian Bank for the New Rohtak Road branch includes these elements, identifying the bank and the branch location in Central Delhi and Delhi accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000N589 of Indian Bank for its New Rohtak Road branch located in Central Delhi, 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 Central Delhi and Central Delhi, 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 New Rohtak Road or Central Delhi to get the exact IFSC Code IDIB000N589.

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 Central Delhi, you'll get the correct details.

How to Use IFSC Code IDIB000N589 for Online Transfers?

Once you have the IFSC Code IDIB000N589 for the New Rohtak Road branch of Indian Bank in Central Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000N589. 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 IDIB000N589.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank New Rohtak Road in Central Delhi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in New Rohtak Road, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Central Delhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in New Rohtak Road, Central Delhi?

The IFSC Code is IDIB000N589.

Is the IFSC Code IDIB000N589 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank New Rohtak Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the New Rohtak Road branch?

The address of the branch is 25 B/7 New Rohtak Road New Rohtak Road Karol Bagh Pin 110005 located in Central Delhi, Central Delhi, Delhi.

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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