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 Rohini Sector-8 branch in North West Delhi, Rohini Delhi Eighty Five, Delhi, 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 North West Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000R086. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Rohini Sector-8, North West Delhi

The table below shows the main details of the IFSC Code IDIB000R086 for the Indian Bank branch in North West Delhi, which falls under the Rohini Delhi Eighty Five district in Delhi.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000R086
Branch Rohini Sector-8
City North West Delhi
District Rohini Delhi Eighty Five
State Delhi
Address C9/119 Sector 8 Rohini Delhi 85 Rohini Pin 110085

These details helps users in online banking and for businesses and individuals who use Indian Bank in North West Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000R086 for the Rohini Sector-8 branch of Indian Bank plays a vital 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, including Indian Bank located in Rohini Sector-8, North West Delhi, Delhi, is provided with a unique IFSC like IDIB000R086 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in North West Delhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like North West Delhi and Rohini Delhi Eighty Five.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Delhi and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Rohini Sector-8 do not get mixed with another location.

Format of the IFSC Code IDIB000R086

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-8 in North West Delhi.

For example, the IFSC Code IDIB000R086 of Indian Bank for the Rohini Sector-8 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 IDIB000R086 of Indian Bank for its Rohini Sector-8 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 Delhi Eighty Five, 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-8 or North West Delhi to get the exact IFSC Code IDIB000R086.

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 IDIB000R086 for Online Transfers?

Once you have the IFSC Code IDIB000R086 for the Rohini Sector-8 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 IDIB000R086. 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 IDIB000R086.

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-8 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 are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in Rohini Sector-8, 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 North West Delhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Rohini Sector-8, North West Delhi?

The IFSC Code is IDIB000R086.

Is the IFSC Code IDIB000R086 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Rohini Sector-8?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rohini Sector-8 branch?

The address of the branch is C9/119 Sector 8 Rohini Delhi 85 Rohini Pin 110085 located in North West Delhi, Rohini Delhi Eighty Five, Delhi.

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.