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 Indore Bengali Chowraha branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000B604. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Indore Bengali Chowraha, Indore

Below in the table are the key details related to IFSC Code IDIB000B604 of Indian Bank for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000B604
Branch Indore Bengali Chowraha
City Indore
District Indore
State Madhya Pradesh
Address D No 388 Goyal Nagar Bengali Chaurah Tehshil District Indore 452016 Lokhandwala Street Indore Pin 452016

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B604 for the Indore Bengali Chowraha 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 that is provided by the Reserve Bank of India. A unique IFSC like IDIB000B604 is given to every bank branch, including Indian Bank located in Indore Bengali Chowraha, Indore, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Indore.
  • 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 Indore and Indore.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Indore Bengali Chowraha doesn't end up at another location.

Format of the IFSC Code IDIB000B604

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 Bengali Chowraha in Indore.

For example, the IFSC Code IDIB000B604 of Indian Bank for the Indore Bengali Chowraha 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?

To find the IFSC Code IDIB000B604 of Indian Bank for its Indore Bengali Chowraha branch located in Indore, 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 Indore and Indore, 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 Indore Bengali Chowraha or Indore to find the exact IFSC Code IDIB000B604.

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 Indore will provide accurate information.

How to Use IFSC Code IDIB000B604 for Online Transfers?

Once you have the IFSC Code IDIB000B604 for the Indore Bengali Chowraha 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 IDIB000B604. 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 IDIB000B604.

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 Bengali Chowraha 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 Bengali Chowraha, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Indore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Indore Bengali Chowraha, Indore?

The IFSC Code is IDIB000B604.

Is the IFSC Code IDIB000B604 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 Indore Bengali Chowraha?

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 Indore Bengali Chowraha branch?

The address of the branch is D No 388 Goyal Nagar Bengali Chaurah Tehshil District Indore 452016 Lokhandwala Street Indore Pin 452016 located in Indore, Indore, Madhya 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.

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