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 Bhubaneshwar Gopa Bandhu Nagar branch in Khordha, Siripur, 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 Khordha or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDIB000G597. 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, Bhubaneshwar Gopa Bandhu Nagar, Khordha
The table below shows the main details of the IFSC Code IDIB000G597 for the Indian Bank branch in Khordha, which falls under the Siripur district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000G597 |
| Branch | Bhubaneshwar Gopa Bandhu Nagar |
| City | Khordha |
| District | Siripur |
| State | Odisha |
| Address | Kamal Jotshna Bhawan Near Siripur Square Bhubenswer3 Siripur Siripur Ganganagar Pin 751003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Khordha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000G597 for the Bhubaneshwar Gopa Bandhu Nagar 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 Bhubaneshwar Gopa Bandhu Nagar, Khordha, Odisha, are allotted a unique IFSC like IDIB000G597 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khordha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Khordha and Siripur.
- 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 Bhubaneshwar Gopa Bandhu Nagar reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code IDIB000G597
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 Bhubaneshwar Gopa Bandhu Nagar in Khordha.
For example, the IFSC Code IDIB000G597 of Indian Bank for the Bhubaneshwar Gopa Bandhu Nagar branch includes these elements, identifying the bank and the branch location in Khordha and Odisha accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000G597 of Indian Bank for its Bhubaneshwar Gopa Bandhu Nagar branch located in Khordha, 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 Khordha and Siripur, 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 Bhubaneshwar Gopa Bandhu Nagar or Khordha to get the exact IFSC Code IDIB000G597.
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 Khordha, you'll get the correct details.
How to Use IFSC Code IDIB000G597 for Online Transfers?
Once you have the IFSC Code IDIB000G597 for the Bhubaneshwar Gopa Bandhu Nagar branch of Indian Bank in Khordha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000G597. 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 IDIB000G597.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Bhubaneshwar Gopa Bandhu Nagar in Khordha, 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 Bhubaneshwar Gopa Bandhu Nagar, 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 Khordha to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000G597.
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 Kamal Jotshna Bhawan Near Siripur Square Bhubenswer3 Siripur Siripur Ganganagar Pin 751003 located in Khordha, Siripur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.