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 Belwa branch in Purnia, Gulabbagh, Bihar, 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 Purnia or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000B729. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Belwa, Purnia
Here are the main details that are associated with the IFSC Code IDIB000B729 of Indian Bank for its branch located in Purnia, within the district of Gulabbagh in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000B729 |
| Branch | Belwa |
| City | Purnia |
| District | Gulabbagh |
| State | Bihar |
| Address | Near Pat Commercial Building Nh 31 Gulabbagh Gulabbagh Gulabbagh Pin 854326 |
These details helps users in online banking and for businesses and individuals who use Indian Bank in Purnia for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B729 for the Belwa branch of Indian Bank plays a vital 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, along with Indian Bank located in Belwa, Purnia, Bihar, are allotted a unique IFSC like IDIB000B729 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Purnia.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Purnia and Gulabbagh.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indian Bank in Belwa reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code IDIB000B729
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 Belwa in Purnia.
For example, the IFSC Code IDIB000B729 of Indian Bank for the Belwa branch has these elements, identifying the bank and the branch location in Purnia and Bihar correctly.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000B729 of Indian Bank for its Belwa branch located in Purnia, 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 Purnia and Gulabbagh, 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 Belwa or Purnia to get the exact IFSC Code IDIB000B729.
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 Purnia, then it will provide you proper information.
How to Use IFSC Code IDIB000B729 for Online Transfers?
If you have the IFSC Code IDIB000B729 for the Belwa branch of Indian Bank in Purnia, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000B729. 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 IDIB000B729.
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 Belwa in Purnia, 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 Belwa, 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 Purnia to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000B729.
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 Near Pat Commercial Building Nh 31 Gulabbagh Gulabbagh Gulabbagh Pin 854326 located in Purnia, Gulabbagh, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.