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 Tikri branch in Siwan, Tikri, 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 Siwan or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDIB000T574. 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, Tikri, Siwan
Here are the key points that are associated with the IFSC Code IDIB000T574 of Indian Bank for its branch located in Siwan, within the district of Tikri in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000T574 |
| Branch | Tikri |
| City | Siwan |
| District | Tikri |
| State | Bihar |
| Address | Vill Tikri Po Pratappur Tikri Pratappur Pin 841226 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Siwan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000T574 for the Tikri branch of Indian Bank has 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 Tikri, Siwan, Bihar, is provided a unique IFSC like IDIB000T574 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Bank branch in Siwan.
- 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 Siwan and Tikri.
- 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 Tikri do not get misguided to another person.
Format of the IFSC Code IDIB000T574
The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Indian Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tikri in Siwan.
For example, the IFSC Code IDIB000T574 of Indian Bank for the Tikri branch includes these elements, identifying the bank and the branch location in Siwan and Bihar accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000T574 of Indian Bank for its Tikri branch located in Siwan, 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 Siwan and Tikri, 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 Tikri or Siwan to get the exact IFSC Code IDIB000T574.
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 Siwan that will provide accurate information.
How to Use IFSC Code IDIB000T574 for Online Transfers?
Once you have the IFSC Code IDIB000T574 for the Tikri branch of Indian Bank in Siwan, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000T574. 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 IDIB000T574.
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 Tikri in Siwan, 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 Tikri, 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 Siwan to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000T574.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vill Tikri Po Pratappur Tikri Pratappur Pin 841226 located in Siwan, Tikri, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.