IFSC Code of Indian Bank, Bhubaneshwar Old Stn Square, Khordha, Odisha — IDIB000O506

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 Bhubaneshwar Old Stn Square branch in Khordha, Khordha, Odisha, 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 Khordha or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IDIB000O506. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Bhubaneshwar Old Stn Square, Khordha

Below in the table are the key details related to IFSC Code IDIB000O506 of Indian Bank for its branch located in Khordha, within the district of Khordha in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Indian Bank in Khordha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000O506 for the Bhubaneshwar Old Stn Square 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 that is provided by the Reserve Bank of India. A unique IFSC like IDIB000O506 is given to every bank branch, including Indian Bank located in Bhubaneshwar Old Stn Square, Khordha, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Indian Bank branch in Khordha.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Khordha and Khordha.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Bhubaneshwar Old Stn Square doesn't end up at another location.

Format of the IFSC Code IDIB000O506

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 Old Stn Square in Khordha.

For example, the IFSC Code IDIB000O506 of Indian Bank for the Bhubaneshwar Old Stn Square 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 IDIB000O506 of Indian Bank for its Bhubaneshwar Old Stn Square branch located in Khordha, 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 Khordha and Khordha, 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 Bhubaneshwar Old Stn Square or Khordha to get the exact IFSC Code IDIB000O506.

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 Khordha that will provide accurate information.

How to Use IFSC Code IDIB000O506 for Online Transfers?

Once you have the IFSC Code IDIB000O506 for the Bhubaneshwar Old Stn Square 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 IDIB000O506. 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 IDIB000O506.

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 Old Stn Square 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 Old Stn Square, 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.