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 Hazaribagh Main branch in Hazaribagh, Hazaribagh, Jharkhand, 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 Hazaribagh or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IDIB000H560. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Hazaribagh Main, Hazaribagh
Here are the key points that are associated with the IFSC Code IDIB000H560 of Indian Bank for its branch located in Hazaribagh, within the district of Hazaribagh in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000H560 |
| Branch | Hazaribagh Main |
| City | Hazaribagh |
| District | Hazaribagh |
| State | Jharkhand |
| Address | 1St Floor Navodit Comlex Ggs Road Beside Mobile Samrat) Hazaribagh Hazaribagh Pin 825301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Hazaribagh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000H560 for the Hazaribagh Main branch of Indian Bank has an important 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 Hazaribagh Main, Hazaribagh, Jharkhand, are given a unique IFSC like IDIB000H560 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hazaribagh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Hazaribagh and Hazaribagh.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Bank in Hazaribagh Main goes to the correct branch. This is important because Indian Bank has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDIB000H560
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 Hazaribagh Main in Hazaribagh.
For example, the IFSC Code IDIB000H560 of Indian Bank for the Hazaribagh Main branch includes these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand accurately.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000H560 of Indian Bank for its Hazaribagh Main branch located in Hazaribagh, 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 Hazaribagh and Hazaribagh, 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 Hazaribagh Main or Hazaribagh to find the exact IFSC Code IDIB000H560.
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 Hazaribagh will provide accurate information.
How to Use IFSC Code IDIB000H560 for Online Transfers?
If you have the IFSC Code IDIB000H560 for the Hazaribagh Main branch of Indian Bank in Hazaribagh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000H560. 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 IDIB000H560.
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 Hazaribagh Main in Hazaribagh, 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 Hazaribagh Main, 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 Hazaribagh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000H560.
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 1St Floor Navodit Comlex Ggs Road Beside Mobile Samrat) Hazaribagh Hazaribagh Pin 825301 located in Hazaribagh, Hazaribagh, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.