There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Singri branch in Kendrapara, Singri, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Indian Bank situated in Kendrapara or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDIB000S712. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Singri, Kendrapara
Here are the main details that are associated with the IFSC Code IDIB000S712 of Indian Bank for its branch located in Kendrapara, within the district of Singri in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000S712 |
| Branch | Singri |
| City | Kendrapara |
| District | Singri |
| State | Odisha |
| Address | Vill Po Singri Via Patamundi Singri Singri Pin 754215 |
These details help users in online banking and for businesses and individuals who use Indian Bank in Kendrapara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S712 for the Singri 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 Singri, Kendrapara, Odisha, is provided with a unique IFSC like IDIB000S712 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Kendrapara.
- 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 Kendrapara and Singri.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Singri do not get mixed with another location.
Format of the IFSC Code IDIB000S712
This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Singri in Kendrapara.
For example, the IFSC Code IDIB000S712 of Indian Bank for the Singri branch includes these elements, identifying the bank and the branch location in Kendrapara and Odisha accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000S712 of Indian Bank for its Singri branch located in Kendrapara, the following methods can help:
Cheque Book
The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Indian Bank branches in Kendrapara and Singri, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Bank and find the branch locator section. Search for Singri or Kendrapara to get the exact IFSC Code IDIB000S712.
Mobile Banking App
If you use Indian Bank's mobile app, you can easily 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 to help you in searching for Indian Bank and Kendrapara that will provide accurate information.
How to Use IFSC Code IDIB000S712 for Online Transfers?
Once you have the IFSC Code IDIB000S712 for the Singri branch of Indian Bank in Kendrapara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000S712. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 IDIB000S712.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Singri in Kendrapara, 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 Singri, 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 Kendrapara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000S712.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill Po Singri Via Patamundi Singri Singri Pin 754215 located in Kendrapara, Singri, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.