There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Hundred Feet Road branch in Puducherry, Pakkamudayanpet, Puducherry, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Indian Bank situated in Puducherry or anywhere in Puducherry can easily transfer funds instantly by using the correct IFSC Code IDIB000S129. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Hundred Feet Road, Puducherry

The table below shows the main details of the IFSC Code IDIB000S129 for the Indian Bank branch in Puducherry, which falls under the Pakkamudayanpet district in Puducherry.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S129
Branch Hundred Feet Road
City Puducherry
District Pakkamudayanpet
State Puducherry
Address Rs No 66/4A East Coast Road Pakkamudayanpet Puducherry Pin 605008

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Puducherry for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S129 for the Hundred Feet Road 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 provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Hundred Feet Road, Puducherry, Puducherry, is provided with a unique IFSC like IDIB000S129 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Puducherry.
  • 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 Puducherry and Pakkamudayanpet.
  • 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 Puducherry and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Hundred Feet Road do not get mixed with another location.

Format of the IFSC Code IDIB000S129

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): Show the bank code. For Indian Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hundred Feet Road in Puducherry.

For example, the IFSC Code IDIB000S129 of Indian Bank for the Hundred Feet Road branch includes these elements, identifying the bank and the branch location in Puducherry and Puducherry accurately.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000S129 of Indian Bank for its Hundred Feet Road branch located in Puducherry, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Indian Bank branches in Puducherry and Pakkamudayanpet, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and go to the branch locator section. Then search for Hundred Feet Road or Puducherry to find the exact IFSC Code IDIB000S129.

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 maintains an updated database of all IFSC codes. Searching for Indian Bank and Puducherry will provide accurate information.

How to Use IFSC Code IDIB000S129 for Online Transfers?

Once you have the IFSC Code IDIB000S129 for the Hundred Feet Road branch of Indian Bank in Puducherry, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S129. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indian Bank IFSC Code IDIB000S129.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Hundred Feet Road in Puducherry 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 Hundred Feet Road, 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 Puducherry to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Hundred Feet Road, Puducherry?

The IFSC Code is IDIB000S129.

Is the IFSC Code IDIB000S129 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Hundred Feet Road?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Hundred Feet Road branch?

The address of the branch is Rs No 66/4A East Coast Road Pakkamudayanpet Puducherry Pin 605008 located in Puducherry, Pakkamudayanpet, Puducherry.

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.