For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its Sadashiv branch in Gonda, Sadashiv, Uttar Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Bank located in Gonda or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000S507. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Sadashiv, Gonda

Here are the main details that are associated with the IFSC Code IDIB000S507 of Indian Bank for its branch located in Gonda, within the district of Sadashiv in the state of Uttar Pradesh.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S507
Branch Sadashiv
City Gonda
District Sadashiv
State Uttar Pradesh
Address Sadashiv Bazar Po Behbharia Vill Sadashiv Sadashiv Post Belbharia Pin 271602

These details helps users in online banking and for businesses and individuals who use Indian Bank in Gonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S507 for the Sadashiv 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, along with Indian Bank located in Sadashiv, Gonda, Uttar Pradesh, are allotted a unique IFSC like IDIB000S507 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Gonda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Gonda and Sadashiv.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Indian Bank in Sadashiv reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code IDIB000S507

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 Sadashiv in Gonda.

For example, the IFSC Code IDIB000S507 of Indian Bank for the Sadashiv branch includes these elements, identifying the bank and the branch location in Gonda and Uttar Pradesh correctly.

How to Find IFSC Code for Indian Bank?

If you are looking for the IFSC Code IDIB000S507 of Indian Bank for its Sadashiv branch located in Gonda, 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 Gonda and Sadashiv, 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 Sadashiv or Gonda to get the exact IFSC Code IDIB000S507.

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 Gonda, then it will provide you proper information.

How to Use IFSC Code IDIB000S507 for Online Transfers?

Once you have the IFSC Code IDIB000S507 for the Sadashiv branch of Indian Bank in Gonda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000S507. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Indian Bank IFSC Code IDIB000S507.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Sadashiv in Gonda, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in Sadashiv, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Gonda manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Sadashiv, Gonda?

The IFSC Code is IDIB000S507.

Is the IFSC Code IDIB000S507 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 Sadashiv?

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 Sadashiv branch?

The address of the branch is Sadashiv Bazar Po Behbharia Vill Sadashiv Sadashiv Post Belbharia Pin 271602 located in Gonda, Sadashiv, Uttar Pradesh.

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.