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 Boral branch in South 24 Parganas, Boral, West Bengal, 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 South 24 Parganas or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code IDIB000B858. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indian Bank, Boral, South 24 Parganas

The table below shows the main details of the IFSC Code IDIB000B858 for the Indian Bank branch in South 24 Parganas, which falls under the Boral district in West Bengal.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000B858
Branch Boral
City South 24 Parganas
District Boral
State West Bengal
Address 217 Rakshit More Po Boral Main Road Boral Ps Sonarpur Boral Boral Pin 700154

These details helps users in online banking and for businesses and individuals who use Indian Bank in South 24 Parganas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B858 for the Boral branch of Indian Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Indian Bank located in Boral, South 24 Parganas, West Bengal, are given a unique IFSC like IDIB000B858 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in South 24 Parganas.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like South 24 Parganas and Boral.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Indian Bank in Boral goes to the correct branch. This is important because Indian Bank has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000B858

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 Boral in South 24 Parganas.

For example, the IFSC Code IDIB000B858 of Indian Bank for the Boral branch includes these elements, identifying the bank and the branch location in South 24 Parganas and West Bengal accurately.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000B858 of Indian Bank for its Boral branch located in South 24 Parganas, 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 South 24 Parganas and Boral, 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 Boral or South 24 Parganas to find the exact IFSC Code IDIB000B858.

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 South 24 Parganas will provide accurate information.

How to Use IFSC Code IDIB000B858 for Online Transfers?

Once you have the IFSC Code IDIB000B858 for the Boral branch of Indian Bank in South 24 Parganas, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000B858. 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 IDIB000B858.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Boral in South 24 Parganas, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Boral, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Indian Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in South 24 Parganas manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Boral, South 24 Parganas?

The IFSC Code is IDIB000B858.

Is the IFSC Code IDIB000B858 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 Boral?

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 Boral branch?

The address of the branch is 217 Rakshit More Po Boral Main Road Boral Ps Sonarpur Boral Boral Pin 700154 located in South 24 Parganas, Boral, West Bengal.

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.