For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Bank for its C R Park, Delhi branch in South East Delhi, Chittaranjan Park, Delhi, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Bank located in South East Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000C128. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, C R Park, Delhi, South East Delhi

Here are the key points that are associated with the IFSC Code IDIB000C128 of Indian Bank for its branch located in South East Delhi, within the district of Chittaranjan Park in the state of Delhi.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000C128
Branch C R Park, Delhi
City South East Delhi
District Chittaranjan Park
State Delhi
Address Pocket 40 House No 52 Ground Floor Chittaranjan Park New Delhi Pin 110019

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in South East Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000C128 for the C R Park, Delhi branch of Indian Bank is vital.

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 C R Park, Delhi, South East Delhi, Delhi, are given a unique IFSC like IDIB000C128 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 East Delhi.
  • 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 East Delhi and Chittaranjan Park.
  • 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 C R Park, Delhi goes to the correct branch. This is important because Indian Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000C128

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 C R Park, Delhi in South East Delhi.

For example, the IFSC Code IDIB000C128 of Indian Bank for the C R Park, Delhi branch includes these elements, identifying the bank and the branch location in South East Delhi and Delhi accurately.

How to Find IFSC Code for Indian Bank?

If you are looking for the IFSC Code IDIB000C128 of Indian Bank for its C R Park, Delhi branch located in South East Delhi, the following methods can help:

Cheque Book

The cheque book that is issued by Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Indian Bank branches in South East Delhi and Chittaranjan Park, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Indian Bank and look for the branch locator section, then search for C R Park, Delhi or South East Delhi to get the exact IFSC Code IDIB000C128.

Mobile Banking App

If you use Indian Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Bank and South East Delhi, then it will provide you proper information.

How to Use IFSC Code IDIB000C128 for Online Transfers?

Once you have the IFSC Code IDIB000C128 for the C R Park, Delhi branch of Indian Bank in South East Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000C128. 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 IDIB000C128.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank C R Park, Delhi in South East Delhi, 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 C R Park, Delhi, 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 South East Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in C R Park, Delhi, South East Delhi?

The IFSC Code is IDIB000C128.

Is the IFSC Code IDIB000C128 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 C R Park, Delhi?

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 C R Park, Delhi branch?

The address of the branch is Pocket 40 House No 52 Ground Floor Chittaranjan Park New Delhi Pin 110019 located in South East Delhi, Chittaranjan Park, Delhi.

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.