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 Lalganj branch in Rae Bareli, Lalganj, Uttar Pradesh, 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 Rae Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000L525. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Lalganj, Rae Bareli
Below in the table are the key details related to IFSC Code IDIB000L525 of Indian Bank for its branch located in Rae Bareli, within the district of Lalganj in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000L525 |
| Branch | Lalganj |
| City | Rae Bareli |
| District | Lalganj |
| State | Uttar Pradesh |
| Address | Tejgaon Complex Nai Bazar Main Road Lalganj Lalganj Lalganj Pin 229206 |
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 IDIB000L525 for the Lalganj branch of Indian Bank has an important role.
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 Lalganj, Rae Bareli, Uttar Pradesh, is provided a unique IFSC like IDIB000L525 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Rae Bareli.
- 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 Rae Bareli and Lalganj.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Lalganj do not get misguided to another person.
Format of the IFSC Code IDIB000L525
This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Lalganj in Rae Bareli.
For example, the IFSC Code IDIB000L525 of Indian Bank for the Lalganj branch includes these elements, identifying the bank and the branch location in Rae Bareli and Uttar Pradesh accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000L525 of Indian Bank for its Lalganj 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
You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Rae Bareli and Lalganj, print them 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 Lalganj or Rae Bareli to get the exact IFSC Code IDIB000L525.
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 IDIB000L525 for Online Transfers?
Once you have the IFSC Code IDIB000L525 for the Lalganj branch of Indian Bank in Rae Bareli, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000L525. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indian Bank IFSC Code IDIB000L525.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Bank Lalganj in Rae Bareli, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Bank in Lalganj, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Rae Bareli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000L525.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Tejgaon Complex Nai Bazar Main Road Lalganj Lalganj Lalganj Pin 229206 located in Rae Bareli, Lalganj, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.