There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Uttarasasan branch in Jagatsinghapur, Madhya Sasan, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Indian Bank situated in Jagatsinghapur or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDIB000U033. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Uttarasasan, Jagatsinghapur
Here are some of the key details that come with the IFSC Code IDIB000U033 of Indian Bank for its branch located in Jagatsinghapur, within the district of Madhya Sasan in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000U033 |
| Branch | Uttarasasan |
| City | Jagatsinghapur |
| District | Madhya Sasan |
| State | Odisha |
| Address | Panchayat Office Uttar Sasan Madhya Sasan Madhya Sasan Pin 754111 |
These details help users in online banking and for businesses and individuals who use Indian Bank in Jagatsinghapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000U033 for the Uttarasasan 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, including Indian Bank located in Uttarasasan, Jagatsinghapur, Odisha, is provided with a unique IFSC like IDIB000U033 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Jagatsinghapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Jagatsinghapur and Madhya Sasan.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Uttarasasan do not get mixed with another location.
Format of the IFSC Code IDIB000U033
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 Uttarasasan in Jagatsinghapur.
For example, the IFSC Code IDIB000U033 of Indian Bank for the Uttarasasan branch includes these elements, identifying the bank and the branch location in Jagatsinghapur and Odisha accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000U033 of Indian Bank for its Uttarasasan branch located in Jagatsinghapur, 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 Jagatsinghapur and Madhya Sasan, 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 Uttarasasan or Jagatsinghapur to get the exact IFSC Code IDIB000U033.
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 Jagatsinghapur that will provide accurate information.
How to Use IFSC Code IDIB000U033 for Online Transfers?
Once you have the IFSC Code IDIB000U033 for the Uttarasasan branch of Indian Bank in Jagatsinghapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000U033. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indian Bank IFSC Code IDIB000U033.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Bank Uttarasasan in Jagatsinghapur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Uttarasasan, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Indian Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Jagatsinghapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000U033.
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 Panchayat Office Uttar Sasan Madhya Sasan Madhya Sasan Pin 754111 located in Jagatsinghapur, Madhya Sasan, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.