IFSC Code of Indian Bank, Surangi, Surangi, Odisha — IDIB000S086

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 Surangi branch in Ganjam, Surangi, Odisha, 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 Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IDIB000S086. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Surangi, Ganjam

Here are some of the key details that come with the IFSC Code IDIB000S086 of Indian Bank for its branch located in Ganjam, within the district of Surangi in the state of Odisha.

These details helps users in online banking and for businesses and individuals who use Indian Bank in Ganjam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S086 for the Surangi 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 that is provided by the Reserve Bank of India. A unique IFSC like IDIB000S086 is given to every bank branch, including Indian Bank located in Surangi, Ganjam, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code IDIB000S086

The format of the IFSC Code for banks, including Indian Bank, has 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 Surangi in Ganjam.

For example, the IFSC Code IDIB000S086 of Indian Bank for the Surangi branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000S086 of Indian Bank for its Surangi branch located in Ganjam, 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 Ganjam and Surangi, 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 Surangi or Ganjam to get the exact IFSC Code IDIB000S086.

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 Ganjam, you'll get the correct details.

How to Use IFSC Code IDIB000S086 for Online Transfers?

If you have the IFSC Code IDIB000S086 for the Surangi branch of Indian Bank in Ganjam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S086. 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 IDIB000S086.

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 Surangi in Ganjam, 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 Surangi, 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 Ganjam to handle online money transfers and get their cheques cleared smoothly.