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 Satna Deotalab branch in Rewa, Deotalab, or Madhya 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 Rewa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000D575. 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, Satna Deotalab, Rewa
Here are some of the key details that come with the IFSC Code IDIB000D575 of Indian Bank for its branch located in Rewa, within the district of Deotalab in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000D575 |
| Branch | Satna Deotalab |
| City | Rewa |
| District | Deotalab |
| State | Madhya Pradesh |
| Address | Vill Post Deotalab Tehsil Mauganj Chaukasonvarsha Deotalab Deoalab Pin 486341 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Rewa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000D575 for the Satna Deotalab branch of Indian Bank plays 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, along with Indian Bank located in Satna Deotalab, Rewa, Madhya Pradesh, are allotted a unique IFSC like IDIB000D575 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 Deotalab.
- 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 Satna Deotalab reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code IDIB000D575
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 Satna Deotalab in Rewa.
For example, the IFSC Code IDIB000D575 of Indian Bank for the Satna Deotalab branch includes 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 IDIB000D575 of Indian Bank for its Satna Deotalab 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 Deotalab, 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 Satna Deotalab or Rewa to get the exact IFSC Code IDIB000D575.
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 IDIB000D575 for Online Transfers?
Once you have the IFSC Code IDIB000D575 for the Satna Deotalab branch of Indian Bank in Rewa, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000D575. 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 IDIB000D575.
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 Satna Deotalab in Rewa, 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 Satna Deotalab, 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 Rewa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000D575.
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 Vill Post Deotalab Tehsil Mauganj Chaukasonvarsha Deotalab Deoalab Pin 486341 located in Rewa, Deotalab, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.