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IFSC Code of Indian Bank, Shehra, Panch Mahals, Gujarat — IDIB000S652

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 Shehra branch in Panch Mahals, Panch Mahals, 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 IDIB000S652. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

Here are the key points that are associated with the IFSC Code IDIB000S652 of Indian Bank for its branch located in Panch Mahals, within the district of Panch Mahals in the state of Gujarat.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S652
Branch Shehra
City Panch Mahals
District Panch Mahals
State Gujarat
Address Indian Bank Shehra Opposite Mahalaxmi Mandir Nada Road Main Bazar Shehra Pin 389210

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Panch Mahals for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S652 for the Shehra branch of Indian Bank has an important role.

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 IDIB000S652 is given to every bank branch, including Indian Bank located in Shehra, Panch Mahals, Gujarat, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Panch Mahals and Panch Mahals.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Shehra doesn't end up at another location.

Format of the IFSC Code IDIB000S652

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 Shehra in Panch Mahals.

For example, the IFSC Code IDIB000S652 of Indian Bank for the Shehra 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 IDIB000S652 of Indian Bank for its Shehra 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 Panch Mahals, 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 Shehra or Panch Mahals to get the exact IFSC Code IDIB000S652.

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 IDIB000S652 for Online Transfers?

If you have the IFSC Code IDIB000S652 for the Shehra 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 IDIB000S652. 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 IDIB000S652.

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 Shehra in Panch Mahals, it may 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 Shehra, 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 Panch Mahals to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Shehra Panch Mahals?

The IFSC Code of the Shehra Panch Mahals branch is IDIB000S652.

Is IFSC Code IDIB000S652 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 Shehra branch?

The branch is located at Indian Bank Shehra Opposite Mahalaxmi Mandir Nada Road Main Bazar Shehra Pin 389210.

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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