The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Bank for its Matiarkalan branch in Sitamarhi, Matiarkalan, Bihar, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indian Bank located in Sitamarhi or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000M661. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Matiarkalan, Sitamarhi
The table below shows the main details of the IFSC Code IDIB000M661 for the Indian Bank branch in Sitamarhi, which falls under the Matiarkalan district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M661 |
| Branch | Matiarkalan |
| City | Sitamarhi |
| District | Matiarkalan |
| State | Bihar |
| Address | Atand Po Bhutahi Matiarkalan Bhutahi Pin 843317 |
These details help users in online banking and for businesses and individuals who use Indian Bank in Sitamarhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000M661 for the Matiarkalan 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IDIB000M661 is given to every bank branch, including Indian Bank located in Matiarkalan, Sitamarhi, Bihar, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Sitamarhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sitamarhi and Matiarkalan.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Matiarkalan doesn't end up at another location.
Format of the IFSC Code IDIB000M661
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 Matiarkalan in Sitamarhi.
For example, the IFSC Code IDIB000M661 of Indian Bank for the Matiarkalan branch includes these elements, identifying the bank and the branch location in Sitamarhi and Bihar correctly.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000M661 of Indian Bank for its Matiarkalan branch located in Sitamarhi, 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 Sitamarhi and Matiarkalan, 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 Matiarkalan or Sitamarhi to find the exact IFSC Code IDIB000M661.
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 Sitamarhi will provide accurate information.
How to Use IFSC Code IDIB000M661 for Online Transfers?
If you have the IFSC Code IDIB000M661 for the Matiarkalan branch of Indian Bank in Sitamarhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000M661. Transfers are processed in batches. 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. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000M661.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Matiarkalan in Sitamarhi, it may 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 Matiarkalan, 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 Sitamarhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000M661.
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 Atand Po Bhutahi Matiarkalan Bhutahi Pin 843317 located in Sitamarhi, Matiarkalan, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.