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IFSC Code of Indian Bank, Tilak Nagar-Mumbai, Tilaknagar, Maharashtra — IDIB000C060

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Bank for its Tilak Nagar-Mumbai branch in Mumbai, Tilaknagar, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Indian Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDIB000C060. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Tilak Nagar-Mumbai, Mumbai

Here are the key points that are associated with the IFSC Code IDIB000C060 of Indian Bank for its branch located in Mumbai, within the district of Tilaknagar in the state of Maharashtra.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000C060
Branch Tilak Nagar-Mumbai
City Mumbai
District Tilaknagar
State Maharashtra
Address 65 Matoshree Bldg Kurla Terminus Road Tilaknagar Chembur Pin 400089

These details help users in online banking and for businesses and individuals who use Indian Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000C060 for the Tilak Nagar-Mumbai 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Tilak Nagar-Mumbai, Mumbai, Maharashtra, are allotted a unique IFSC like IDIB000C060 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mumbai and Tilaknagar.
  • 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 Tilak Nagar-Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code IDIB000C060

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 Tilak Nagar-Mumbai in Mumbai.

For example, the IFSC Code IDIB000C060 of Indian Bank for the Tilak Nagar-Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000C060 of Indian Bank for its Tilak Nagar-Mumbai branch located in Mumbai, 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 Mumbai and Tilaknagar, 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 Tilak Nagar-Mumbai or Mumbai to get the exact IFSC Code IDIB000C060.

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 Mumbai that will provide accurate information.

How to Use IFSC Code IDIB000C060 for Online Transfers?

Once you have the IFSC Code IDIB000C060 for the Tilak Nagar-Mumbai branch of Indian Bank in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000C060. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Indian Bank IFSC Code IDIB000C060.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Bank Tilak Nagar-Mumbai in Mumbai, it can result in delayed or failed transactions.

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 Tilak Nagar-Mumbai, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Tilak Nagar-Mumbai Mumbai?

The IFSC Code of the Tilak Nagar-Mumbai Mumbai branch is IDIB000C060.

Is IFSC Code IDIB000C060 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indian Bank Tilak Nagar-Mumbai branch?

The branch is located at 65 Matoshree Bldg Kurla Terminus Road Tilaknagar Chembur Pin 400089.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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