IFSC Code of Indian Bank, Lohoal, Lahoal, Assam — IDIB000L509

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 Lohoal branch in Dibrugarh, Lahoal, Assam, 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 Dibrugarh or anywhere in Assam can transfer funds instantly by using the correct IFSC Code IDIB000L509. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Lohoal, Dibrugarh

Here are the key points that are associated with the IFSC Code IDIB000L509 of Indian Bank for its branch located in Dibrugarh, within the district of Lahoal in the state of Assam.

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Dibrugarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000L509 for the Lohoal 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 that is provided by the Reserve Bank of India. A unique IFSC like IDIB000L509 is given to every bank branch, including Indian Bank located in Lohoal, 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 Lahoal.
• 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 Lohoal doesn't end up at another location.

Format of the IFSC Code IDIB000L509

The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Indian Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Lohoal in Dibrugarh.

For example, the IFSC Code IDIB000L509 of Indian Bank for the Lohoal 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 trying to find the IFSC Code IDIB000L509 of Indian Bank for its Lohoal branch located in Dibrugarh, 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 Dibrugarh and Lahoal, 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 Lohoal or Dibrugarh to get the exact IFSC Code IDIB000L509.

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 Dibrugarh, you'll get the correct details.

How to Use IFSC Code IDIB000L509 for Online Transfers?

Once you have the IFSC Code IDIB000L509 for the Lohoal 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 IDIB000L509. 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 IDIB000L509.

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 Lohoal in Dibrugarh, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Lohoal, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Indian Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Dibrugarh manage online transfers as well as cheque clearances with ease.