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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Dibrugarh Graham Bazar branch in Dibrugarh, Graham Bazar, or Assam, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Dibrugarh or anywhere in Assam can transfer funds instantly by using the correct IFSC Code IDIB000G629. 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, Dibrugarh Graham Bazar, Dibrugarh

Here are the main details that are associated with the IFSC Code IDIB000G629 of Indian Bank for its branch located in Dibrugarh, within the district of Graham Bazar in the state of Assam.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000G629
Branch Dibrugarh Graham Bazar
City Dibrugarh
District Graham Bazar
State Assam
Address Grahambazar Tinkonia Dibrugarh Graham Bazar Dibrugarh Pin 786001

These details help users in online banking and for businesses and individuals who use Indian Bank in Dibrugarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000G629 for the Dibrugarh Graham Bazar branch of Indian Bank has a very 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 IDIB000G629 is given to every bank branch, including Indian Bank located in Dibrugarh Graham Bazar, Dibrugarh, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Dibrugarh.
  • 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 Dibrugarh and Graham Bazar.
  • 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 Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Dibrugarh Graham Bazar doesn't end up at another location.

Format of the IFSC Code IDIB000G629

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 Dibrugarh Graham Bazar in Dibrugarh.

For example, the IFSC Code IDIB000G629 of Indian Bank for the Dibrugarh Graham Bazar branch includes these elements, identifying the bank and the branch location in Dibrugarh and Assam accurately.

How to Find IFSC Code for Indian Bank?

If you are looking for the IFSC Code IDIB000G629 of Indian Bank for its Dibrugarh Graham Bazar branch located in Dibrugarh, 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 Dibrugarh and Graham Bazar, 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 Dibrugarh Graham Bazar or Dibrugarh to get the exact IFSC Code IDIB000G629.

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 Dibrugarh, then it will provide you proper information.

How to Use IFSC Code IDIB000G629 for Online Transfers?

Once you have the IFSC Code IDIB000G629 for the Dibrugarh Graham Bazar branch of Indian Bank in Dibrugarh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000G629. 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 IDIB000G629.

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 Dibrugarh Graham Bazar in Dibrugarh, 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 Dibrugarh Graham Bazar, 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 Dibrugarh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Dibrugarh Graham Bazar, Dibrugarh?

The IFSC Code is IDIB000G629.

Is the IFSC Code IDIB000G629 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 Dibrugarh Graham Bazar?

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 Dibrugarh Graham Bazar branch?

The address of the branch is Grahambazar Tinkonia Dibrugarh Graham Bazar Dibrugarh Pin 786001 located in Dibrugarh, Graham Bazar, Assam.

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.