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 Greater Kailash branch in South East Delhi, Greater Kailashi, Delhi, 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 South East Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000G016. 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, Greater Kailash, South East Delhi
The table below shows the main details of the IFSC Code IDIB000G016 for the Indian Bank branch in South East Delhi, which falls under the Greater Kailashi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000G016 |
| Branch | Greater Kailash |
| City | South East Delhi |
| District | Greater Kailashi |
| State | Delhi |
| Address | 13 Community Centre Zamrudpur Greater Kailashi Greater Kailash I Pin 110048 |
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 IDIB000G016 for the Greater Kailash 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 Greater Kailash, South East Delhi, Delhi, are given a unique IFSC like IDIB000G016 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 Greater Kailashi.
- 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 Greater Kailash 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 IDIB000G016
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 Greater Kailash in South East Delhi.
For example, the IFSC Code IDIB000G016 of Indian Bank for the Greater Kailash 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 trying to find the IFSC Code IDIB000G016 of Indian Bank for its Greater Kailash branch located in South East Delhi, 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
Most banks, including Indian Bank branches in South East Delhi and Greater Kailashi, print the IFSC and MICR codes 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 Greater Kailash or South East Delhi to get the exact IFSC Code IDIB000G016.
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 South East Delhi, you'll get the correct details.
How to Use IFSC Code IDIB000G016 for Online Transfers?
Once you have the IFSC Code IDIB000G016 for the Greater Kailash 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 IDIB000G016. 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 IDIB000G016.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Greater Kailash 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 Greater Kailash, 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)
The IFSC Code is IDIB000G016.
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 13 Community Centre Zamrudpur Greater Kailashi Greater Kailash I Pin 110048 located in South East Delhi, Greater Kailashi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.