The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Bank for its Chakan branch in Pune, Nanekarwadi, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indian Bank located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDIB000C136. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Chakan, Pune
Here are the key points that are associated with the IFSC Code IDIB000C136 of Indian Bank for its branch located in Pune, within the district of Nanekarwadi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000C136 |
| Branch | Chakan |
| City | Pune |
| District | Nanekarwadi |
| State | Maharashtra |
| Address | Gat No New 44 Talegaonchakan Rd Nanekarwadi Chakan Pin 410501 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000C136 for the Chakan branch of Indian Bank is vital.
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 Chakan, Pune, Maharashtra, are given a unique IFSC like IDIB000C136 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- 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 Pune and Nanekarwadi.
- 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 Chakan goes to the correct branch. This is important because Indian Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDIB000C136
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 Chakan in Pune.
For example, the IFSC Code IDIB000C136 of Indian Bank for the Chakan branch has these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000C136 of Indian Bank for its Chakan branch located in Pune, 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
Most banks, including Indian Bank branches in Pune and Nanekarwadi, print the IFSC and MICR codes 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 Chakan or Pune to get the exact IFSC Code IDIB000C136.
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 Pune, you'll get the correct details.
How to Use IFSC Code IDIB000C136 for Online Transfers?
Once you have the IFSC Code IDIB000C136 for the Chakan branch of Indian Bank in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000C136. 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 IDIB000C136.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Chakan in Pune, your payment can get delayed or might not go through at all.
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 Chakan, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000C136.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Gat No New 44 Talegaonchakan Rd Nanekarwadi Chakan Pin 410501 located in Pune, Nanekarwadi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.