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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Kandhrawan branch in Rae Bareli, Kandrawan, or Uttar Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Rae Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000K567. 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, Kandhrawan, Rae Bareli

Here are the main details that are associated with the IFSC Code IDIB000K567 of Indian Bank for its branch located in Rae Bareli, within the district of Kandrawan in the state of Uttar Pradesh.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000K567
Branch Kandhrawan
City Rae Bareli
District Kandrawan
State Uttar Pradesh
Address Kandrawan Chauraha Vill/Po Kandrawan Kandrawan Kandrawan Pin 229404

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Rae Bareli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000K567 for the Kandhrawan 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 Kandhrawan, Rae Bareli, Uttar Pradesh, is provided with a unique IFSC like IDIB000K567 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Rae Bareli.
  • 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 Rae Bareli and Kandrawan.
  • 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Kandhrawan do not get mixed with another location.

Format of the IFSC Code IDIB000K567

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 Kandhrawan in Rae Bareli.

For example, the IFSC Code IDIB000K567 of Indian Bank for the Kandhrawan branch has these elements, identifying the bank and the branch location in Rae Bareli and Uttar Pradesh correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000K567 of Indian Bank for its Kandhrawan branch located in Rae Bareli, 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 Rae Bareli and Kandrawan, 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 Kandhrawan or Rae Bareli to get the exact IFSC Code IDIB000K567.

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 Rae Bareli, you'll get the correct details.

How to Use IFSC Code IDIB000K567 for Online Transfers?

Once you have the IFSC Code IDIB000K567 for the Kandhrawan branch of Indian Bank in Rae Bareli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000K567. 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 IDIB000K567.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank Kandhrawan Rae Bareli?

The IFSC Code of the Kandhrawan Rae Bareli branch is IDIB000K567.

Is IFSC Code IDIB000K567 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 Kandhrawan branch?

The branch is located at Kandrawan Chauraha Vill/Po Kandrawan Kandrawan Kandrawan Pin 229404.

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.