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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Bank for its Sasaram branch in Rohtas, Sasaram, Bihar, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Indian Bank located in Rohtas or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000S589. 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, Sasaram, Rohtas

Below in the table are the key details related to IFSC Code IDIB000S589 of Indian Bank for its branch located in Rohtas, within the district of Sasaram in the state of Bihar.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S589
Branch Sasaram
City Rohtas
District Sasaram
State Bihar
Address Jayswal Katra Gt Road Near Nehru Park Sasaram Sasaram Pin 821115

These details help users in online banking and for businesses and individuals who use Indian Bank in Rohtas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S589 for the Sasaram branch of Indian Bank has a very 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 Sasaram, Rohtas, Bihar, is provided a unique IFSC like IDIB000S589 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Rohtas.
  • 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 Rohtas and Sasaram.
  • 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Sasaram do not get misguided to another person.

Format of the IFSC Code IDIB000S589

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 Sasaram in Rohtas.

For example, the IFSC Code IDIB000S589 of Indian Bank for the Sasaram branch has these elements, identifying the bank and the branch location in Rohtas and Bihar correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000S589 of Indian Bank for its Sasaram branch located in Rohtas, 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

Most banks, including Indian Bank branches in Rohtas and Sasaram, print the IFSC and MICR codes 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 Sasaram or Rohtas to get the exact IFSC Code IDIB000S589.

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 Rohtas, you'll get the correct details.

How to Use IFSC Code IDIB000S589 for Online Transfers?

Once you have the IFSC Code IDIB000S589 for the Sasaram branch of Indian Bank in Rohtas, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S589. 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 IDIB000S589.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Sasaram in Rohtas may 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 Sasaram, 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 Rohtas manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Sasaram, Rohtas?

The IFSC Code is IDIB000S589.

Is the IFSC Code IDIB000S589 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 Sasaram?

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 Sasaram branch?

The address of the branch is Jayswal Katra Gt Road Near Nehru Park Sasaram Sasaram Pin 821115 located in Rohtas, Sasaram, Bihar.

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.