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 Imphal branch in Imphal West, Imphal, Manipur, 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 Imphal West or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code IDIB000I519. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Imphal, Imphal West

Here are some of the key details that come with the IFSC Code IDIB000I519 of Indian Bank for its branch located in Imphal West, within the district of Imphal in the state of Manipur.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000I519
Branch Imphal
City Imphal West
District Imphal
State Manipur
Address Paona Bazar Opp Friends Cinema Imphal Imphal Pin 795001

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Imphal West for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000I519 for the Imphal branch of Indian Bank is vital.

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 Imphal, Imphal West, Manipur, are given a unique IFSC like IDIB000I519 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Imphal West.
  • 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 Imphal West and Imphal.
  • 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 Imphal goes to the correct branch. This is important because Indian Bank has thousands of branches in Manipur and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000I519

This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Imphal in Imphal West.

For example, the IFSC Code IDIB000I519 of Indian Bank for the Imphal branch includes these elements, identifying the bank and the branch location in Imphal West and Manipur accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000I519 of Indian Bank for its Imphal branch located in Imphal West, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Indian Bank and find the branch locator section. Search for Imphal or Imphal West to get the exact IFSC Code IDIB000I519.

Mobile Banking App

If you use Indian Bank's mobile app, you can easily 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 to help you in searching for Indian Bank and Imphal West that will provide accurate information.

How to Use IFSC Code IDIB000I519 for Online Transfers?

Once you have the IFSC Code IDIB000I519 for the Imphal branch of Indian Bank in Imphal West, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000I519. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indian Bank IFSC Code IDIB000I519.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Imphal in Imphal West may result in delayed or failed transactions.

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 Imphal, 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 Imphal West manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Imphal Imphal West?

The IFSC Code of the Imphal Imphal West branch is IDIB000I519.

Is IFSC Code IDIB000I519 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 Imphal branch?

The branch is located at Paona Bazar Opp Friends Cinema Imphal Imphal Pin 795001.

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.