Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Indore Annapurna Nagar branch in Indore, Vishalnagar, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000A643. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Indore Annapurna Nagar, Indore
The table below shows the main details of the IFSC Code IDIB000A643 for the Indian Bank branch in Indore, which falls under the Vishalnagar district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000A643 |
| Branch | Indore Annapurna Nagar |
| City | Indore |
| District | Vishalnagar |
| State | Madhya Pradesh |
| Address | Bldg No 5 Vishal Nagar Annapurna Mandir Road Vishalnagar Indore Pin 452009 |
These details help users in online banking and for businesses and individuals who use Indian Bank in Indore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000A643 for the Indore Annapurna Nagar 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Indore Annapurna Nagar, Indore, Madhya Pradesh, are allotted a unique IFSC like IDIB000A643 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Indore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Indore and Vishalnagar.
- 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 Indore Annapurna Nagar reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code IDIB000A643
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 Indore Annapurna Nagar in Indore.
For example, the IFSC Code IDIB000A643 of Indian Bank for the Indore Annapurna Nagar branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000A643 of Indian Bank for its Indore Annapurna Nagar branch located in Indore, 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 Indore and Vishalnagar, 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 Indore Annapurna Nagar or Indore to get the exact IFSC Code IDIB000A643.
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 Indore, then it will provide you proper information.
How to Use IFSC Code IDIB000A643 for Online Transfers?
Once you have the IFSC Code IDIB000A643 for the Indore Annapurna Nagar branch of Indian Bank in Indore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000A643. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 IDIB000A643.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Indore Annapurna Nagar in Indore, your payment can get delayed or might not go through at all.
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 Indore Annapurna Nagar, 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 Indore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000A643.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bldg No 5 Vishal Nagar Annapurna Mandir Road Vishalnagar Indore Pin 452009 located in Indore, Vishalnagar, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.