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 Jap-Two Tatisilwal branch in Ranchi, Khelgoan, Jharkhand, 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 Ranchi or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code IDIB000J573. 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, Jap-Two Tatisilwal, Ranchi

Here are the key points that are associated with the IFSC Code IDIB000J573 of Indian Bank for its branch located in Ranchi, within the district of Khelgoan in the state of Jharkhand.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000J573
Branch Jap-Two Tatisilwal
City Ranchi
District Khelgoan
State Jharkhand
Address Jharkhand Armed Police 2 Khelgoan Campus Khelgoan Khelgoan Hotwar Pin 834012

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Ranchi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000J573 for the Jap-Two Tatisilwal 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 IDIB000J573 is given to every bank branch, including Indian Bank located in Jap-Two Tatisilwal, Ranchi, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Ranchi.
  • 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 Ranchi and Khelgoan.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Jap-Two Tatisilwal doesn't end up at another location.

Format of the IFSC Code IDIB000J573

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 Jap-Two Tatisilwal in Ranchi.

For example, the IFSC Code IDIB000J573 of Indian Bank for the Jap-Two Tatisilwal branch has these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000J573 of Indian Bank for its Jap-Two Tatisilwal branch located in Ranchi, 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 Ranchi and Khelgoan, 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 Jap-Two Tatisilwal or Ranchi to find the exact IFSC Code IDIB000J573.

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 Ranchi will provide accurate information.

How to Use IFSC Code IDIB000J573 for Online Transfers?

Once you have the IFSC Code IDIB000J573 for the Jap-Two Tatisilwal branch of Indian Bank in Ranchi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000J573. 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 IDIB000J573.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Jap-Two Tatisilwal in Ranchi, 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 Jap-Two Tatisilwal, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Ranchi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Jap-Two Tatisilwal, Ranchi?

The IFSC Code is IDIB000J573.

Is the IFSC Code IDIB000J573 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Jap-Two Tatisilwal?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jap-Two Tatisilwal branch?

The address of the branch is Jharkhand Armed Police 2 Khelgoan Campus Khelgoan Khelgoan Hotwar Pin 834012 located in Ranchi, Khelgoan, Jharkhand.

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.