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 Mauganj branch in Rewa, Mauganj, Madhya 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 Rewa or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code IDIB000M669. 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, Mauganj, Rewa
The table below shows the main details of the IFSC Code IDIB000M669 for the Indian Bank branch in Rewa, which falls under the Mauganj district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M669 |
| Branch | Mauganj |
| City | Rewa |
| District | Mauganj |
| State | Madhya Pradesh |
| Address | Mauganj Ward No 3 Main Road Mauganj Mauganj Pin 486331 |
These details helps users in online banking and for businesses and individuals who use Indian Bank in Rewa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000M669 for the Mauganj 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 Mauganj, Rewa, Madhya Pradesh, are allotted a unique IFSC like IDIB000M669 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rewa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rewa and Mauganj.
- 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 Mauganj reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code IDIB000M669
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 Mauganj in Rewa.
For example, the IFSC Code IDIB000M669 of Indian Bank for the Mauganj branch has these elements, identifying the bank and the branch location in Rewa and Madhya Pradesh correctly.
How to Find IFSC Code for Indian Bank?
If you are looking for the IFSC Code IDIB000M669 of Indian Bank for its Mauganj branch located in Rewa, 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 Rewa and Mauganj, 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 Mauganj or Rewa to get the exact IFSC Code IDIB000M669.
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 Rewa, then it will provide you proper information.
How to Use IFSC Code IDIB000M669 for Online Transfers?
Once you have the IFSC Code IDIB000M669 for the Mauganj branch of Indian Bank in Rewa, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000M669. 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 IDIB000M669.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Mauganj in Rewa 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 Mauganj, 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 Rewa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000M669.
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 Mauganj Ward No 3 Main Road Mauganj Mauganj Pin 486331 located in Rewa, Mauganj, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.