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 Sundarapuram branch in Coimbatore, Gandhi Nagar, Tamil Nadu, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IDIB000S261. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Sundarapuram, Coimbatore

Here are some of the key details that come with the IFSC Code IDIB000S261 of Indian Bank for its branch located in Coimbatore, within the district of Gandhi Nagar in the state of Tamil Nadu.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S261
Branch Sundarapuram
City Coimbatore
District Gandhi Nagar
State Tamil Nadu
Address 251 A)Prs Building Pollachi Main Road Gandhi Nagar Sundarapuram Pin 641024

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Coimbatore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S261 for the Sundarapuram 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, including Indian Bank located in Sundarapuram, Coimbatore, Tamil Nadu, is provided with a unique IFSC like IDIB000S261 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Coimbatore.
  • 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 Coimbatore and Gandhi Nagar.
  • 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 Sundarapuram do not get mixed with another location.

Format of the IFSC Code IDIB000S261

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 Sundarapuram in Coimbatore.

For example, the IFSC Code IDIB000S261 of Indian Bank for the Sundarapuram branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000S261 of Indian Bank for its Sundarapuram branch located in Coimbatore, 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 Coimbatore and Gandhi Nagar, 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 Sundarapuram or Coimbatore to get the exact IFSC Code IDIB000S261.

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 Coimbatore, you'll get the correct details.

How to Use IFSC Code IDIB000S261 for Online Transfers?

If you have the IFSC Code IDIB000S261 for the Sundarapuram branch of Indian Bank in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S261. 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 IDIB000S261.

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 Sundarapuram in Coimbatore, 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 Sundarapuram, 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 Coimbatore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Sundarapuram, Coimbatore?

The IFSC Code is IDIB000S261.

Is the IFSC Code IDIB000S261 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Sundarapuram?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sundarapuram branch?

The address of the branch is 251 A)Prs Building Pollachi Main Road Gandhi Nagar Sundarapuram Pin 641024 located in Coimbatore, Gandhi Nagar, Tamil Nadu.

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.