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 Sangramganj branch in Shrawasti, Laxmanpur Bazar, or Uttar 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 Shrawasti or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IDIB000S567. 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, Sangramganj, Shrawasti

Here are some of the key details that come with the IFSC Code IDIB000S567 of Indian Bank for its branch located in Shrawasti, within the district of Laxmanpur Bazar in the state of Uttar Pradesh.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S567
Branch Sangramganj
City Shrawasti
District Laxmanpur Bazar
State Uttar Pradesh
Address Vill And Po Laxmanpur Bazar Laxmanpur Bazar Laxmanpur Bazar Pin 271831

These details help users in online banking and for businesses and individuals who use Indian Bank in Shrawasti for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S567 for the Sangramganj 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 Sangramganj, Shrawasti, Uttar Pradesh, is provided a unique IFSC like IDIB000S567 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Shrawasti.
  • 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 Shrawasti and Laxmanpur Bazar.
  • 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Sangramganj do not get misguided to another person.

Format of the IFSC Code IDIB000S567

This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sangramganj in Shrawasti.

For example, the IFSC Code IDIB000S567 of Indian Bank for the Sangramganj branch includes these elements, identifying the bank and the branch location in Shrawasti and Uttar Pradesh accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000S567 of Indian Bank for its Sangramganj branch located in Shrawasti, 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

You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Shrawasti and Laxmanpur Bazar, print them 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 Sangramganj or Shrawasti to get the exact IFSC Code IDIB000S567.

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 Shrawasti, you'll get the correct details.

How to Use IFSC Code IDIB000S567 for Online Transfers?

Once you have the IFSC Code IDIB000S567 for the Sangramganj branch of Indian Bank in Shrawasti, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000S567. 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 IDIB000S567.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Sangramganj in Shrawasti, 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 Sangramganj, 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 Shrawasti manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Sangramganj, Shrawasti?

The IFSC Code is IDIB000S567.

Is the IFSC Code IDIB000S567 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 Sangramganj?

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 Sangramganj branch?

The address of the branch is Vill And Po Laxmanpur Bazar Laxmanpur Bazar Laxmanpur Bazar Pin 271831 located in Shrawasti, Laxmanpur Bazar, Uttar Pradesh.

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.