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 Panbari branch in Lakhimpur, Panbari, 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 Lakhimpur or anywhere in Assam can transfer funds instantly by using the correct IFSC Code IDIB000P546. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Panbari, Lakhimpur
Below in the table are the key details related to IFSC Code IDIB000P546 of Indian Bank for its branch located in Lakhimpur, within the district of Panbari in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000P546 |
| Branch | Panbari |
| City | Lakhimpur |
| District | Panbari |
| State | Assam |
| Address | Via Dikrongvill Po Panbari Panbari Panbari Pin 784164 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Lakhimpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000P546 for the Panbari 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 Panbari, Lakhimpur, Assam, are given a unique IFSC like IDIB000P546 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Lakhimpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Lakhimpur and Panbari.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Bank in Panbari goes to the correct branch. This is important because Indian Bank has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDIB000P546
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 Panbari in Lakhimpur.
For example, the IFSC Code IDIB000P546 of Indian Bank for the Panbari branch includes these elements, identifying the bank and the branch location in Lakhimpur and Assam accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000P546 of Indian Bank for its Panbari branch located in Lakhimpur, 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 Lakhimpur and Panbari, 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 Panbari or Lakhimpur to get the exact IFSC Code IDIB000P546.
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 Lakhimpur that will provide accurate information.
How to Use IFSC Code IDIB000P546 for Online Transfers?
Once you have the IFSC Code IDIB000P546 for the Panbari branch of Indian Bank in Lakhimpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000P546. 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 IDIB000P546.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Panbari in Lakhimpur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Panbari, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Indian Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Lakhimpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000P546.
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 Via Dikrongvill Po Panbari Panbari Panbari Pin 784164 located in Lakhimpur, Panbari, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.