For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its Abrawan branch in Sas Nagar Mohali, Abrawan, Punjab, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Bank located in Sas Nagar Mohali or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code IDIB000A184. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Abrawan, Sas Nagar Mohali

Here are the main details that are associated with the IFSC Code IDIB000A184 of Indian Bank for its branch located in Sas Nagar Mohali, within the district of Abrawan in the state of Punjab.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000A184
Branch Abrawan
City Sas Nagar Mohali
District Abrawan
State Punjab
Address Near Guruduwara Sahib Vill Devi Nagar Abrawan Abrawan Po Mankpur Pin 140602

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Sas Nagar Mohali for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000A184 for the Abrawan branch of Indian Bank plays an 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 Abrawan, Sas Nagar Mohali, Punjab, is provided a unique IFSC like IDIB000A184 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Sas Nagar Mohali.
  • 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 Sas Nagar Mohali and Abrawan.
  • 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Abrawan do not get misguided to another person.

Format of the IFSC Code IDIB000A184

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 Abrawan in Sas Nagar Mohali.

For example, the IFSC Code IDIB000A184 of Indian Bank for the Abrawan branch has these elements, identifying the bank and the branch location in Sas Nagar Mohali and Punjab correctly.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000A184 of Indian Bank for its Abrawan branch located in Sas Nagar Mohali, 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 Sas Nagar Mohali and Abrawan, 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 Abrawan or Sas Nagar Mohali to find the exact IFSC Code IDIB000A184.

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 Sas Nagar Mohali will provide accurate information.

How to Use IFSC Code IDIB000A184 for Online Transfers?

Once you have the IFSC Code IDIB000A184 for the Abrawan branch of Indian Bank in Sas Nagar Mohali, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000A184. The transfer is completed in batches instead of instantly. It is useful for both 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 IDIB000A184.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Abrawan in Sas Nagar Mohali, 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 Abrawan, 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 Sas Nagar Mohali to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Abrawan, Sas Nagar Mohali?

The IFSC Code is IDIB000A184.

Is the IFSC Code IDIB000A184 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Abrawan?

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

What is the full address of the Abrawan branch?

The address of the branch is Near Guruduwara Sahib Vill Devi Nagar Abrawan Abrawan Po Mankpur Pin 140602 located in Sas Nagar Mohali, Abrawan, Punjab.

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.