There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Mohanbari branch in Dibrugarh, Mohanbari, Assam, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Indian Bank situated in Dibrugarh or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code IDIB000M734. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Mohanbari, Dibrugarh
Here are the main details that are associated with the IFSC Code IDIB000M734 of Indian Bank for its branch located in Dibrugarh, within the district of Mohanbari in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M734 |
| Branch | Mohanbari |
| City | Dibrugarh |
| District | Mohanbari |
| State | Assam |
| Address | Mohanbari Bazar Airport Road Po Mohanbari Mohanbari Mohanbari Pin 786012 |
These details helps 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 IDIB000M734 for the Mohanbari 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 Mohanbari, Dibrugarh, Assam, is provided with a unique IFSC like IDIB000M734 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Dibrugarh and Mohanbari.
- 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Mohanbari do not get mixed with another location.
Format of the IFSC Code IDIB000M734
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 Mohanbari in Dibrugarh.
For example, the IFSC Code IDIB000M734 of Indian Bank for the Mohanbari 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 IDIB000M734 of Indian Bank for its Mohanbari 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
You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Dibrugarh and Mohanbari, 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 Mohanbari or Dibrugarh to get the exact IFSC Code IDIB000M734.
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 IDIB000M734 for Online Transfers?
Once you have the IFSC Code IDIB000M734 for the Mohanbari 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 IDIB000M734. 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 IDIB000M734.
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 Mohanbari 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 Mohanbari, 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.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000M734.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Mohanbari Bazar Airport Road Po Mohanbari Mohanbari Mohanbari Pin 786012 located in Dibrugarh, Mohanbari, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.