IFSC Code of Indian Bank, Sector 17 Gurgaon, Gurugram, Haryana — IDIB000S164

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 Sector 17 Gurgaon branch in Gurugram, Gurugram, Haryana, 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 Gurugram or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code IDIB000S164. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Sector 17 Gurgaon, Gurugram

Here are the main details that are associated with the IFSC Code IDIB000S164 of Indian Bank for its branch located in Gurugram, within the district of Gurugram in the state of Haryana.

These details help users in online banking and for businesses and individuals who use Indian Bank in Gurugram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S164 for the Sector 17 Gurgaon branch of Indian Bank has a very 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 IDIB000S164 is given to every bank branch, including Indian Bank located in Sector 17 Gurgaon, Gurugram, Haryana, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Indian Bank branch in Gurugram.
• 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 Gurugram and Gurugram.
• 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Sector 17 Gurgaon doesn't end up at another location.

Format of the IFSC Code IDIB000S164

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 Sector 17 Gurgaon in Gurugram.

For example, the IFSC Code IDIB000S164 of Indian Bank for the Sector 17 Gurgaon branch includes these elements, identifying the bank and the branch location in Gurugram and Haryana accurately.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000S164 of Indian Bank for its Sector 17 Gurgaon branch located in Gurugram, the following methods can help you out:

Cheque Book

The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Indian Bank branches in Gurugram and Gurugram, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and go to the branch locator section. Then search for Sector 17 Gurgaon or Gurugram to find the exact IFSC Code IDIB000S164.

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 maintains an updated database of all IFSC codes. Searching for Indian Bank and Gurugram will provide accurate information.

How to Use IFSC Code IDIB000S164 for Online Transfers?

If you have the IFSC Code IDIB000S164 for the Sector 17 Gurgaon branch of Indian Bank in Gurugram, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S164. 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 IDIB000S164.

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 Sector 17 Gurgaon in Gurugram, 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 Sector 17 Gurgaon, 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 Gurugram to handle online money transfers and get their cheques cleared smoothly.