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 Sarisabpahi branch in Madhubani, Sarisabpahi, Bihar, 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 Madhubani or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000S584. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Sarisabpahi, Madhubani
Here are the key points that are associated with the IFSC Code IDIB000S584 of Indian Bank for its branch located in Madhubani, within the district of Sarisabpahi in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000S584 |
| Branch | Sarisabpahi |
| City | Madhubani |
| District | Sarisabpahi |
| State | Bihar |
| Address | Sarisabpahi Sarisabpahi Sarisabpahi Sarisabpahi Pin 847424 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Madhubani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000S584 for the Sarisabpahi branch of Indian Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Sarisabpahi, Madhubani, Bihar, is provided a unique IFSC like IDIB000S584 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Madhubani.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Madhubani and Sarisabpahi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Sarisabpahi do not get misguided to another person.
Format of the IFSC Code IDIB000S584
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 Sarisabpahi in Madhubani.
For example, the IFSC Code IDIB000S584 of Indian Bank for the Sarisabpahi branch includes these elements, identifying the bank and the branch location in Madhubani and Bihar accurately.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000S584 of Indian Bank for its Sarisabpahi branch located in Madhubani, the following methods can help:
Cheque Book
The cheque book that is issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Indian Bank branches in Madhubani and Sarisabpahi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Indian Bank and look for the branch locator section, then search for Sarisabpahi or Madhubani to get the exact IFSC Code IDIB000S584.
Mobile Banking App
If you use Indian Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Bank and Madhubani, then it will provide you proper information.
How to Use IFSC Code IDIB000S584 for Online Transfers?
Once you have the IFSC Code IDIB000S584 for the Sarisabpahi branch of Indian Bank in Madhubani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000S584. 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 IDIB000S584.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Sarisabpahi in Madhubani, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in Sarisabpahi, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Madhubani manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000S584.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sarisabpahi Sarisabpahi Sarisabpahi Sarisabpahi Pin 847424 located in Madhubani, Sarisabpahi, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.