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 S U S College Campus branch in Sas Nagar Mohali, Tangori, Punjab, 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 Sas Nagar Mohali or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code IDIB000S256. 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, S U S College Campus, Sas Nagar Mohali

The table below shows the main details of the IFSC Code IDIB000S256 for the Indian Bank branch in Sas Nagar Mohali, which falls under the Tangori district in Punjab.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S256
Branch S U S College Campus
City Sas Nagar Mohali
District Tangori
State Punjab
Address Sus College Campus Tangori Tangori Pin 140306

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Sas Nagar Mohali for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000S256 for the S U S College Campus branch of Indian Bank is vital.

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 S U S College Campus, Sas Nagar Mohali, Punjab, is provided a unique IFSC like IDIB000S256 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 Tangori.
  • 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 S U S College Campus do not get misguided to another person.

Format of the IFSC Code IDIB000S256

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 S U S College Campus in Sas Nagar Mohali.

For example, the IFSC Code IDIB000S256 of Indian Bank for the S U S College Campus 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?

If you are trying to find the IFSC Code IDIB000S256 of Indian Bank for its S U S College Campus branch located in Sas Nagar Mohali, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indian Bank branches in Sas Nagar Mohali and Tangori, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and find the branch locator section. Search for S U S College Campus or Sas Nagar Mohali to get the exact IFSC Code IDIB000S256.

Mobile Banking App

If you use Indian Bank's mobile app, you can easily 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 to help you in searching for Indian Bank and Sas Nagar Mohali that will provide accurate information.

How to Use IFSC Code IDIB000S256 for Online Transfers?

Once you have the IFSC Code IDIB000S256 for the S U S College Campus branch of Indian Bank in Sas Nagar Mohali, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S256. 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 IDIB000S256.

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 S U S College Campus in Sas Nagar Mohali, it can 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 S U S College Campus, 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 Sas Nagar Mohali manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in S U S College Campus, Sas Nagar Mohali?

The IFSC Code is IDIB000S256.

Is the IFSC Code IDIB000S256 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 S U S College Campus?

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 S U S College Campus branch?

The address of the branch is Sus College Campus Tangori Tangori Pin 140306 located in Sas Nagar Mohali, Tangori, 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.