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 Siruseri I T Park branch in Chengalpattu, Siruseri, Tamil Nadu, 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 Chengalpattu or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IDIB000S162. 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, Siruseri I T Park, Chengalpattu
Here are the main details that are associated with the IFSC Code IDIB000S162 of Indian Bank for its branch located in Chengalpattu, within the district of Siruseri in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000S162 |
| Branch | Siruseri I T Park |
| City | Chengalpattu |
| District | Siruseri |
| State | Tamil Nadu |
| Address | F13 I Main Road Sipcot I T Park Siruseri Old Mahabalipuram Road Pin 603103 |
These details helps users in online banking and for businesses and individuals who use Indian Bank in Chengalpattu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S162 for the Siruseri I T Park 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, including Indian Bank located in Siruseri I T Park, Chengalpattu, Tamil Nadu, is provided with a unique IFSC like IDIB000S162 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Chengalpattu.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Chengalpattu and Siruseri.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Siruseri I T Park do not get mixed with another location.
Format of the IFSC Code IDIB000S162
This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Siruseri I T Park in Chengalpattu.
For example, the IFSC Code IDIB000S162 of Indian Bank for the Siruseri I T Park branch includes these elements, identifying the bank and the branch location in Chengalpattu and Tamil Nadu accurately.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000S162 of Indian Bank for its Siruseri I T Park branch located in Chengalpattu, the following methods can help:
Cheque Book
The cheque book that is issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Indian Bank branches in Chengalpattu and Siruseri, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Indian Bank and look for the branch locator section, then search for Siruseri I T Park or Chengalpattu to get the exact IFSC Code IDIB000S162.
Mobile Banking App
If you use Indian Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Bank and Chengalpattu, then it will provide you proper information.
How to Use IFSC Code IDIB000S162 for Online Transfers?
If you have the IFSC Code IDIB000S162 for the Siruseri I T Park branch of Indian Bank in Chengalpattu, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000S162. 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 IDIB000S162.
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 Siruseri I T Park in Chengalpattu, 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 Siruseri I T Park, 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 Chengalpattu to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000S162.
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 F13 I Main Road Sipcot I T Park Siruseri Old Mahabalipuram Road Pin 603103 located in Chengalpattu, Siruseri, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.