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 Godhra branch in Panch Mahals, Godhra, Gujarat, 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 Panch Mahals or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IDIB000G027. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Godhra, Panch Mahals

Here are the main details that are associated with the IFSC Code IDIB000G027 of Indian Bank for its branch located in Panch Mahals, within the district of Godhra in the state of Gujarat.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000G027
Branch Godhra
City Panch Mahals
District Godhra
State Gujarat
Address Near M And M Mehta Hgschool Baharpura Godhra Javarpura Pin 389001

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Panch Mahals for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000G027 for the Godhra 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, including Indian Bank located in Godhra, Panch Mahals, Gujarat, is provided with a unique IFSC like IDIB000G027 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Panch Mahals.
  • 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 Panch Mahals and Godhra.
  • 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Godhra do not get mixed with another location.

Format of the IFSC Code IDIB000G027

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 Godhra in Panch Mahals.

For example, the IFSC Code IDIB000G027 of Indian Bank for the Godhra branch includes these elements, identifying the bank and the branch location in Panch Mahals and Gujarat accurately.

How to Find IFSC Code for Indian Bank?

If you are looking for the IFSC Code IDIB000G027 of Indian Bank for its Godhra branch located in Panch Mahals, 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 Panch Mahals and Godhra, 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 Godhra or Panch Mahals to get the exact IFSC Code IDIB000G027.

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 Panch Mahals, then it will provide you proper information.

How to Use IFSC Code IDIB000G027 for Online Transfers?

If you have the IFSC Code IDIB000G027 for the Godhra branch of Indian Bank in Panch Mahals, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000G027. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000G027.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Godhra in Panch Mahals, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Godhra, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Indian Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Panch Mahals manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Godhra, Panch Mahals?

The IFSC Code is IDIB000G027.

Is the IFSC Code IDIB000G027 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 Godhra?

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 Godhra branch?

The address of the branch is Near M And M Mehta Hgschool Baharpura Godhra Javarpura Pin 389001 located in Panch Mahals, Godhra, Gujarat.

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.