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 Jaipur Bassi branch in Jaipur, Bassi, Rajasthan, 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 Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code IDIB000B688. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Jaipur Bassi, Jaipur
Here are the main details that are associated with the IFSC Code IDIB000B688 of Indian Bank for its branch located in Jaipur, within the district of Bassi in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000B688 |
| Branch | Jaipur Bassi |
| City | Jaipur |
| District | Bassi |
| State | Rajasthan |
| Address | Nh11 Opp Balram Ashram Bassi Chak Stand Jaipur Agra Highwaybassi Bassi Bassi Pin 303301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Jaipur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B688 for the Jaipur Bassi branch of Indian Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Jaipur Bassi, Jaipur, Rajasthan, is provided a unique IFSC like IDIB000B688 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Jaipur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jaipur and Bassi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Jaipur Bassi do not get misguided to another person.
Format of the IFSC Code IDIB000B688
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): These represent the bank code. In Indian Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jaipur Bassi in Jaipur.
For example, the IFSC Code IDIB000B688 of Indian Bank for the Jaipur Bassi branch has these elements, identifying the bank and the branch location in Jaipur and Rajasthan correctly.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000B688 of Indian Bank for its Jaipur Bassi branch located in Jaipur, 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 Jaipur and Bassi, 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 Jaipur Bassi or Jaipur to find the exact IFSC Code IDIB000B688.
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 Jaipur will provide accurate information.
How to Use IFSC Code IDIB000B688 for Online Transfers?
Once you have the IFSC Code IDIB000B688 for the Jaipur Bassi branch of Indian Bank in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000B688. The transfer is completed in batches instead of instantly. It is useful for both 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 IDIB000B688.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Jaipur Bassi in Jaipur, 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 Jaipur Bassi, 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 Jaipur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000B688.
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 Nh11 Opp Balram Ashram Bassi Chak Stand Jaipur Agra Highwaybassi Bassi Bassi Pin 303301 located in Jaipur, Bassi, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.