There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Rae Barely branch in Rae Bareli, Rae Bareli, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Indian Bank situated in Rae Bareli or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code IDIB000R068. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Bank, Rae Barely, Rae Bareli
Here are the key points that are associated with the IFSC Code IDIB000R068 of Indian Bank for its branch located in Rae Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000R068 |
| Branch | Rae Barely |
| City | Rae Bareli |
| District | Rae Bareli |
| State | Uttar Pradesh |
| Address | Laxmi Plaza Near Police Line Chauraha Rae Barely Pin 229001 |
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 IDIB000R068 for the Rae Barely 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 that is provided by the Reserve Bank of India. A unique IFSC like IDIB000R068 is given to every bank branch, including Indian Bank located in Rae Barely, Rae Bareli, Uttar Pradesh, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Rae Bareli and Rae Bareli.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Rae Barely doesn't end up at another location.
Format of the IFSC Code IDIB000R068
The format of the IFSC Code for banks, including Indian Bank, has 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 Rae Barely in Rae Bareli.
For example, the IFSC Code IDIB000R068 of Indian Bank for the Rae Barely branch includes 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 IDIB000R068 of Indian Bank for its Rae Barely branch located in Rae Bareli, the following methods can help:
Cheque Book
The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Indian Bank branches in Rae Bareli and Rae Bareli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Bank and find the branch locator section. Search for Rae Barely or Rae Bareli to get the exact IFSC Code IDIB000R068.
Mobile Banking App
If you use Indian Bank's mobile app, you can easily 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 to help you in searching for Indian Bank and Rae Bareli that will provide accurate information.
How to Use IFSC Code IDIB000R068 for Online Transfers?
Once you have the IFSC Code IDIB000R068 for the Rae Barely 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 IDIB000R068. 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 IDIB000R068.
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 Rae Barely in Rae Bareli, it can result in delayed or failed transactions.
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 Rae Barely, 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 Rae Bareli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000R068.
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 Laxmi Plaza Near Police Line Chauraha Rae Barely Pin 229001 located in Rae Bareli, Rae Bareli, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.