Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Bank for its Manjari branch in Pune, Mahadeo Nagar, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Indian Bank located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDIB000M618. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Manjari, Pune

Here are the main details that are associated with the IFSC Code IDIB000M618 of Indian Bank for its branch located in Pune, within the district of Mahadeo Nagar in the state of Maharashtra.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000M618
Branch Manjari
City Pune
District Mahadeo Nagar
State Maharashtra
Address Mahadeo Nagar Po Manjari Farm Near Am College Mahadeo Nagar Manjari Farm Pin 412307

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 IDIB000M618 for the Manjari branch of Indian Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Manjari, Pune, Maharashtra, is provided a unique IFSC like IDIB000M618 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Pune.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Pune and Mahadeo Nagar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Manjari do not get misguided to another person.

Format of the IFSC Code IDIB000M618

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 Manjari in Pune.

For example, the IFSC Code IDIB000M618 of Indian Bank for the Manjari branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000M618 of Indian Bank for its Manjari branch located in Pune, 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 Pune and Mahadeo Nagar, 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 Manjari or Pune to find the exact IFSC Code IDIB000M618.

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 Pune will provide accurate information.

How to Use IFSC Code IDIB000M618 for Online Transfers?

Once you have the IFSC Code IDIB000M618 for the Manjari 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 IDIB000M618. 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 IDIB000M618.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Manjari in Pune, your payment can get delayed or might not go through at all.

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 Manjari, 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 Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Manjari Pune?

The IFSC Code of the Manjari Pune branch is IDIB000M618.

Is IFSC Code IDIB000M618 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 Manjari branch?

The branch is located at Mahadeo Nagar Po Manjari Farm Near Am College Mahadeo Nagar Manjari Farm Pin 412307.

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.