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 Jhansi Sipri Bazar branch in Jhansi, Jhansi, Uttar 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 Jhansi or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000S717. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Jhansi Sipri Bazar, Jhansi
Here are the key points that are associated with the IFSC Code IDIB000S717 of Indian Bank for its branch located in Jhansi, within the district of Jhansi in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000S717 |
| Branch | Jhansi Sipri Bazar |
| City | Jhansi |
| District | Jhansi |
| State | Uttar Pradesh |
| Address | S Near Nandanpura Puliya Shivpuri Road Sipri Bazar Jhansi Pin 284003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Jhansi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S717 for the Jhansi Sipri Bazar 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Jhansi Sipri Bazar, Jhansi, Uttar Pradesh, are allotted a unique IFSC like IDIB000S717 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jhansi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jhansi and Jhansi.
- 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 Jhansi Sipri Bazar reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.
Format of the IFSC Code IDIB000S717
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 Jhansi Sipri Bazar in Jhansi.
For example, the IFSC Code IDIB000S717 of Indian Bank for the Jhansi Sipri Bazar branch includes these elements, identifying the bank and the branch location in Jhansi and Uttar Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000S717 of Indian Bank for its Jhansi Sipri Bazar branch located in Jhansi, 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
Most banks, including Indian Bank branches in Jhansi and Jhansi, print the IFSC and MICR codes 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 Jhansi Sipri Bazar or Jhansi to get the exact IFSC Code IDIB000S717.
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 Jhansi, you'll get the correct details.
How to Use IFSC Code IDIB000S717 for Online Transfers?
If you have the IFSC Code IDIB000S717 for the Jhansi Sipri Bazar branch of Indian Bank in Jhansi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000S717. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000S717.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Jhansi Sipri Bazar in Jhansi, it may result in delayed or failed transactions.
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 Jhansi Sipri Bazar, 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 Jhansi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000S717.
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 S Near Nandanpura Puliya Shivpuri Road Sipri Bazar Jhansi Pin 284003 located in Jhansi, Jhansi, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.