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 Bara Boarijor branch in Godda, Bara Boarijore, Jharkhand, 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 Godda or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code IDIB000B634. 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, Bara Boarijor, Godda

Here are the key points that are associated with the IFSC Code IDIB000B634 of Indian Bank for its branch located in Godda, within the district of Bara Boarijore in the state of Jharkhand.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000B634
Branch Bara Boarijor
City Godda
District Bara Boarijore
State Jharkhand
Address Sahibganj Road Bara Boaraijor Vill Po Bara Boarijore Bara Boarijore Pin 813208

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Godda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B634 for the Bara Boarijor branch of Indian Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Bara Boarijor, Godda, Jharkhand, is provided a unique IFSC like IDIB000B634 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Godda.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Godda and Bara Boarijore.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Bara Boarijor do not get misguided to another person.

Format of the IFSC Code IDIB000B634

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 Bara Boarijor in Godda.

For example, the IFSC Code IDIB000B634 of Indian Bank for the Bara Boarijor branch includes these elements, identifying the bank and the branch location in Godda and Jharkhand correctly.

How to Find IFSC Code for Indian Bank?

If you are looking for the IFSC Code IDIB000B634 of Indian Bank for its Bara Boarijor branch located in Godda, 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 Godda and Bara Boarijore, 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 Bara Boarijor or Godda to get the exact IFSC Code IDIB000B634.

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 Godda, then it will provide you proper information.

How to Use IFSC Code IDIB000B634 for Online Transfers?

Once you have the IFSC Code IDIB000B634 for the Bara Boarijor branch of Indian Bank in Godda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000B634. 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 IDIB000B634.

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 Bara Boarijor in Godda, 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 Bara Boarijor, 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 Godda manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Bara Boarijor Godda?

The IFSC Code of the Bara Boarijor Godda branch is IDIB000B634.

Is IFSC Code IDIB000B634 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indian Bank Bara Boarijor branch?

The branch is located at Sahibganj Road Bara Boaraijor Vill Po Bara Boarijore Bara Boarijore Pin 813208.

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.