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 Mumbai Koperkhairne branch in Thane, Koparkhairne, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDIB000K789. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Mumbai Koperkhairne, Thane
The table below shows the main details of the IFSC Code IDIB000K789 for the Indian Bank branch in Thane, which falls under the Koparkhairne district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000K789 |
| Branch | Mumbai Koperkhairne |
| City | Thane |
| District | Koparkhairne |
| State | Maharashtra |
| Address | Krishna Heightsplot No8 Sector2Akoperkhairane Koparkhairne Koparkhairne Pin 400709 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000K789 for the Mumbai Koperkhairne branch of Indian Bank plays an important 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 Mumbai Koperkhairne, Thane, Maharashtra, are allotted a unique IFSC like IDIB000K789 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Thane and Koparkhairne.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indian Bank in Mumbai Koperkhairne reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code IDIB000K789
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): Show the bank code. For Indian Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mumbai Koperkhairne in Thane.
For example, the IFSC Code IDIB000K789 of Indian Bank for the Mumbai Koperkhairne branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000K789 of Indian Bank for its Mumbai Koperkhairne 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 Koparkhairne, 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 Mumbai Koperkhairne or Thane to find the exact IFSC Code IDIB000K789.
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 IDIB000K789 for Online Transfers?
If you have the IFSC Code IDIB000K789 for the Mumbai Koperkhairne branch of Indian Bank in Thane, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000K789. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Indian Bank IFSC Code IDIB000K789.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Bank Mumbai Koperkhairne in Thane, it may result in delayed or failed transactions.
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 Mumbai Koperkhairne, 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000K789.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Krishna Heightsplot No8 Sector2Akoperkhairane Koparkhairne Koparkhairne Pin 400709 located in Thane, Koparkhairne, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.