IFSC Code of Indian Bank, Surat Bombay Market, Umarwada, Gujarat — IDIB000B854

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Bank for its Surat Bombay Market branch in Surat, Umarwada, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Indian Bank situated in Surat or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code IDIB000B854. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, Surat Bombay Market, Surat

The table below shows the main details of the IFSC Code IDIB000B854 for the Indian Bank branch in Surat, which falls under the Umarwada district in Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Surat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000B854 for the Surat Bombay Market branch of Indian Bank has an 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 IDIB000B854 is given to every bank branch, including Indian Bank located in Surat Bombay Market, Surat, Gujarat, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Indian Bank branch in Surat.
• 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 Surat and Umarwada.
• 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Surat Bombay Market doesn't end up at another location.

Format of the IFSC Code IDIB000B854

The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Indian Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Surat Bombay Market in Surat.

For example, the IFSC Code IDIB000B854 of Indian Bank for the Surat Bombay Market branch has these elements, identifying the bank and the branch location in Surat and Gujarat correctly.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000B854 of Indian Bank for its Surat Bombay Market branch located in Surat, 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 Surat and Umarwada, 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 Surat Bombay Market or Surat to get the exact IFSC Code IDIB000B854.

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 Surat, you'll get the correct details.

How to Use IFSC Code IDIB000B854 for Online Transfers?

Once you have the IFSC Code IDIB000B854 for the Surat Bombay Market branch of Indian Bank in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000B854. 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 IDIB000B854.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Surat Bombay Market in Surat, 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 Surat Bombay Market, 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 Surat to handle online money transfers and get their cheques cleared smoothly.