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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its Dombivili (East) branch in Thane, Dombivli Eastt, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDIB000D047. 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, Dombivili (East), Thane

Here are the main details that are associated with the IFSC Code IDIB000D047 of Indian Bank for its branch located in Thane, within the district of Dombivli Eastt in the state of Maharashtra.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000D047
Branch Dombivili (East)
City Thane
District Dombivli Eastt
State Maharashtra
Address Sudama Plaza Manpada Road Dombivli Eastt) Dombivli Pin 421201

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000D047 for the Dombivili (East) branch of Indian Bank is vital.

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 Dombivili (East), Thane, Maharashtra, is provided a unique IFSC like IDIB000D047 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Thane.
  • 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 Thane and Dombivli Eastt.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in Dombivili (East) do not get misguided to another person.

Format of the IFSC Code IDIB000D047

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 Dombivili (East) in Thane.

For example, the IFSC Code IDIB000D047 of Indian Bank for the Dombivili (East) branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000D047 of Indian Bank for its Dombivili (East) branch located in Thane, 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 Thane and Dombivli Eastt, 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 Dombivili (East) or Thane to find the exact IFSC Code IDIB000D047.

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 Thane will provide accurate information.

How to Use IFSC Code IDIB000D047 for Online Transfers?

Once you have the IFSC Code IDIB000D047 for the Dombivili (East) branch of Indian Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000D047. 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 IDIB000D047.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Dombivili (East), Thane?

The IFSC Code is IDIB000D047.

Is the IFSC Code IDIB000D047 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Dombivili (East)?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Dombivili (East) branch?

The address of the branch is Sudama Plaza Manpada Road Dombivli Eastt) Dombivli Pin 421201 located in Thane, Dombivli Eastt, Maharashtra.

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.