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 Golakpur branch in Jehanabad, Golakpur, Bihar, 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 Jehanabad or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000G588. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Golakpur, Jehanabad

Here are the main details that are associated with the IFSC Code IDIB000G588 of Indian Bank for its branch located in Jehanabad, within the district of Golakpur in the state of Bihar.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000G588
Branch Golakpur
City Jehanabad
District Golakpur
State Bihar
Address Vill Po Golakhpur Ps Ghosi Golakpur Golakpur Pin 804420

These details help users in online banking and for businesses and individuals who use Indian Bank in Jehanabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000G588 for the Golakpur 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 Golakpur, Jehanabad, Bihar, is provided with a unique IFSC like IDIB000G588 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Jehanabad.
  • 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 Jehanabad and Golakpur.
  • 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Golakpur do not get mixed with another location.

Format of the IFSC Code IDIB000G588

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 Golakpur in Jehanabad.

For example, the IFSC Code IDIB000G588 of Indian Bank for the Golakpur branch includes these elements, identifying the bank and the branch location in Jehanabad and Bihar accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000G588 of Indian Bank for its Golakpur branch located in Jehanabad, the following methods can help:

Cheque Book

The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Jehanabad and Golakpur, print them on the first page of your passbook.

Bank Website

Visit the official website of Indian Bank and navigate to the branch locator section. Search for Golakpur or Jehanabad to get the exact IFSC Code IDIB000G588.

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 keeps an updated list of all IFSC codes. If you search for Indian Bank and Jehanabad, you'll get the correct details.

How to Use IFSC Code IDIB000G588 for Online Transfers?

Once you have the IFSC Code IDIB000G588 for the Golakpur branch of Indian Bank in Jehanabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000G588. 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 IDIB000G588.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Golakpur in Jehanabad, 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 Golakpur, 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 Jehanabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Golakpur, Jehanabad?

The IFSC Code is IDIB000G588.

Is the IFSC Code IDIB000G588 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 Golakpur?

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 Golakpur branch?

The address of the branch is Vill Po Golakhpur Ps Ghosi Golakpur Golakpur Pin 804420 located in Jehanabad, Golakpur, Bihar.

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.