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 Gorakhpur Parasia Tiwari branch in Deoria, Parsiya Tiwari, Uttar Pradesh, 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 Deoria or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000P575. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Gorakhpur Parasia Tiwari, Deoria
Here are some of the key details that come with the IFSC Code IDIB000P575 of Indian Bank for its branch located in Deoria, within the district of Parsiya Tiwari in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000P575 |
| Branch | Gorakhpur Parasia Tiwari |
| City | Deoria |
| District | Parsiya Tiwari |
| State | Uttar Pradesh |
| Address | Parasia Tiwari Villpo Gaura Jainagar Block Barhaj Gaura Parsiya Tiwari Gaura Jainagar Pin 274603 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Deoria for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000P575 for the Gorakhpur Parasia Tiwari 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 Gorakhpur Parasia Tiwari, Deoria, Uttar Pradesh, is provided with a unique IFSC like IDIB000P575 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Deoria.
- 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 Deoria and Parsiya Tiwari.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Gorakhpur Parasia Tiwari do not get mixed with another location.
Format of the IFSC Code IDIB000P575
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 Gorakhpur Parasia Tiwari in Deoria.
For example, the IFSC Code IDIB000P575 of Indian Bank for the Gorakhpur Parasia Tiwari branch includes these elements, identifying the bank and the branch location in Deoria and Uttar Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000P575 of Indian Bank for its Gorakhpur Parasia Tiwari branch located in Deoria, 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
You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Deoria and Parsiya Tiwari, print them 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 Gorakhpur Parasia Tiwari or Deoria to get the exact IFSC Code IDIB000P575.
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 Deoria, you'll get the correct details.
How to Use IFSC Code IDIB000P575 for Online Transfers?
Once you have the IFSC Code IDIB000P575 for the Gorakhpur Parasia Tiwari branch of Indian Bank in Deoria, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000P575. 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 IDIB000P575.
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 Gorakhpur Parasia Tiwari in Deoria, 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 Gorakhpur Parasia Tiwari, 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 Deoria to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000P575.
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 Parasia Tiwari Villpo Gaura Jainagar Block Barhaj Gaura Parsiya Tiwari Gaura Jainagar Pin 274603 located in Deoria, Parsiya Tiwari, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.