Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Hindaun branch in Karauli, Hindaun City, or Rajasthan, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Karauli or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code IDIB000H061. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Hindaun, Karauli

Here are some of the key details that come with the IFSC Code IDIB000H061 of Indian Bank for its branch located in Karauli, within the district of Hindaun City in the state of Rajasthan.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000H061
Branch Hindaun
City Karauli
District Hindaun City
State Rajasthan
Address Khasra No 2086 Gaurav Path Near Agrasen College Hindaun City Hindaun City Pin 322230

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Karauli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000H061 for the Hindaun branch of Indian Bank is vital.

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 Hindaun, Karauli, Rajasthan, is provided with a unique IFSC like IDIB000H061 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code IDIB000H061

The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hindaun in Karauli.

For example, the IFSC Code IDIB000H061 of Indian Bank for the Hindaun branch includes these elements, identifying the bank and the branch location in Karauli and Rajasthan accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000H061 of Indian Bank for its Hindaun branch located in Karauli, 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 Karauli and Hindaun City, 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 Hindaun or Karauli to get the exact IFSC Code IDIB000H061.

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 Karauli, you'll get the correct details.

How to Use IFSC Code IDIB000H061 for Online Transfers?

Once you have the IFSC Code IDIB000H061 for the Hindaun branch of Indian Bank in Karauli, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000H061. 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 IDIB000H061.

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 Hindaun in Karauli, 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 Hindaun, 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 Karauli to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Hindaun Karauli?

The IFSC Code of the Hindaun Karauli branch is IDIB000H061.

Is IFSC Code IDIB000H061 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indian Bank Hindaun branch?

The branch is located at Khasra No 2086 Gaurav Path Near Agrasen College Hindaun City Hindaun City Pin 322230.

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.