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 Hahimbazar branch in Kamrup, Hahim, Assam, 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 Kamrup or anywhere in Assam can transfer funds instantly by using the correct IFSC Code IDIB000H505. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Hahimbazar, Kamrup

The table below shows the main details of the IFSC Code IDIB000H505 for the Indian Bank branch in Kamrup, which falls under the Hahim district in Assam.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000H505
Branch Hahimbazar
City Kamrup
District Hahim
State Assam
Address Near Police Station Via Bokovill Po Hahimbazar Hahim Hahim Pin 781129

These details help users in online banking and for businesses and individuals who use Indian Bank in Kamrup for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000H505 for the Hahimbazar 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 Hahimbazar, Kamrup, Assam, is provided with a unique IFSC like IDIB000H505 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code IDIB000H505

The format of the IFSC Code for banks, including Indian Bank, has 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 Hahimbazar in Kamrup.

For example, the IFSC Code IDIB000H505 of Indian Bank for the Hahimbazar branch includes these elements, identifying the bank and the branch location in Kamrup and Assam correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000H505 of Indian Bank for its Hahimbazar branch located in Kamrup, 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 Kamrup and Hahim, 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 Hahimbazar or Kamrup to get the exact IFSC Code IDIB000H505.

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 Kamrup, you'll get the correct details.

How to Use IFSC Code IDIB000H505 for Online Transfers?

Once you have the IFSC Code IDIB000H505 for the Hahimbazar branch of Indian Bank in Kamrup, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000H505. 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 IDIB000H505.

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 Hahimbazar in Kamrup, it can 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 Hahimbazar, 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 Kamrup to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Hahimbazar, Kamrup?

The IFSC Code is IDIB000H505.

Is the IFSC Code IDIB000H505 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Hahimbazar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hahimbazar branch?

The address of the branch is Near Police Station Via Bokovill Po Hahimbazar Hahim Hahim Pin 781129 located in Kamrup, Hahim, Assam.

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.