For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its Masudpura branch in Mahoba, Masudpura, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Indian Bank located in Mahoba or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000M653. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Masudpura, Mahoba
Below in the table are the key details related to IFSC Code IDIB000M653 of Indian Bank for its branch located in Mahoba, within the district of Masudpura in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M653 |
| Branch | Masudpura |
| City | Mahoba |
| District | Masudpura |
| State | Uttar Pradesh |
| Address | Vill Po Masudpura Tehsil Panwadi Masudpura Masudpura Pin 210429 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Mahoba for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000M653 for the Masudpura branch of Indian Bank is vital.
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 IDIB000M653 is given to every bank branch, including Indian Bank located in Masudpura, Mahoba, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Mahoba.
- 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 Mahoba and Masudpura.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Masudpura doesn't end up at another location.
Format of the IFSC Code IDIB000M653
The format of the IFSC Code for banks, including Indian Bank, has 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 Masudpura in Mahoba.
For example, the IFSC Code IDIB000M653 of Indian Bank for the Masudpura branch includes these elements, identifying the bank and the branch location in Mahoba and Uttar Pradesh correctly.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000M653 of Indian Bank for its Masudpura branch located in Mahoba, the following methods can help you out:
Cheque Book
The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Indian Bank branches in Mahoba and Masudpura, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Bank and go to the branch locator section. Then search for Masudpura or Mahoba to find the exact IFSC Code IDIB000M653.
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 maintains an updated database of all IFSC codes. Searching for Indian Bank and Mahoba will provide accurate information.
How to Use IFSC Code IDIB000M653 for Online Transfers?
Once you have the IFSC Code IDIB000M653 for the Masudpura branch of Indian Bank in Mahoba, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000M653. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹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 IDIB000M653.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Masudpura in Mahoba, 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 Masudpura, 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 Mahoba to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000M653.
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 Vill Po Masudpura Tehsil Panwadi Masudpura Masudpura Pin 210429 located in Mahoba, Masudpura, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.