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 Rohini Sector- 24 branch in North West Delhi, Rohini Sector Twenty Four, Delhi, 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 North West Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000R087. 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, Rohini Sector- 24, North West Delhi

Here are the main details that are associated with the IFSC Code IDIB000R087 of Indian Bank for its branch located in North West Delhi, within the district of Rohini Sector Twenty Four in the state of Delhi.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000R087
Branch Rohini Sector- 24
City North West Delhi
District Rohini Sector Twenty Four
State Delhi
Address Plot No 97 Pocket No 27 Rohini Sector 24 Pin 110085

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in North West Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000R087 for the Rohini Sector- 24 branch of Indian Bank plays 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 Rohini Sector- 24, North West Delhi, Delhi, are given a unique IFSC like IDIB000R087 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in North West Delhi.
  • 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 North West Delhi and Rohini Sector Twenty Four.
  • 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 Rohini Sector- 24 goes to the correct branch. This is important because Indian Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000R087

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): These represent the bank code. In Indian Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Rohini Sector- 24 in North West Delhi.

For example, the IFSC Code IDIB000R087 of Indian Bank for the Rohini Sector- 24 branch has these elements, identifying the bank and the branch location in North West Delhi and Delhi correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000R087 of Indian Bank for its Rohini Sector- 24 branch located in North West Delhi, the following methods can help:

Cheque Book

The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in North West Delhi and Rohini Sector Twenty Four, print them on the first page of your passbook.

Bank Website

Visit the official website of Indian Bank and navigate to the branch locator section. Search for Rohini Sector- 24 or North West Delhi to get the exact IFSC Code IDIB000R087.

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 keeps an updated list of all IFSC codes. If you search for Indian Bank and North West Delhi, you'll get the correct details.

How to Use IFSC Code IDIB000R087 for Online Transfers?

Once you have the IFSC Code IDIB000R087 for the Rohini Sector- 24 branch of Indian Bank in North West Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000R087. 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 IDIB000R087.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Rohini Sector- 24 in North West Delhi, 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 Rohini Sector- 24, 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 North West Delhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Rohini Sector- 24 North West Delhi?

The IFSC Code of the Rohini Sector- 24 North West Delhi branch is IDIB000R087.

Is IFSC Code IDIB000R087 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 Rohini Sector- 24 branch?

The branch is located at Plot No 97 Pocket No 27 Rohini Sector 24 Pin 110085.

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.