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 Perungattur branch in Tiruvannamalai, Perungattur, Tamil Nadu, 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 Tiruvannamalai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code IDIB000P035. 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, Perungattur, Tiruvannamalai

The table below shows the main details of the IFSC Code IDIB000P035 for the Indian Bank branch in Tiruvannamalai, which falls under the Perungattur district in Tamil Nadu.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000P035
Branch Perungattur
City Tiruvannamalai
District Perungattur
State Tamil Nadu
Address 50 Road Street Perungattur Village Vembakkam Tk Pin 604402

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Tiruvannamalai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000P035 for the Perungattur 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 IDIB000P035 is given to every bank branch, including Indian Bank located in Perungattur, Tiruvannamalai, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indian Bank branch in Tiruvannamalai.
  • 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 Tiruvannamalai and Perungattur.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Perungattur doesn't end up at another location.

Format of the IFSC Code IDIB000P035

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 Perungattur in Tiruvannamalai.

For example, the IFSC Code IDIB000P035 of Indian Bank for the Perungattur branch includes these elements, identifying the bank and the branch location in Tiruvannamalai and Tamil Nadu accurately.

How to Find IFSC Code for Indian Bank?

To find the IFSC Code IDIB000P035 of Indian Bank for its Perungattur branch located in Tiruvannamalai, 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 Tiruvannamalai and Perungattur, 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 Perungattur or Tiruvannamalai to find the exact IFSC Code IDIB000P035.

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 Tiruvannamalai will provide accurate information.

How to Use IFSC Code IDIB000P035 for Online Transfers?

Once you have the IFSC Code IDIB000P035 for the Perungattur branch of Indian Bank in Tiruvannamalai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000P035. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Indian Bank IFSC Code IDIB000P035.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Bank Perungattur in Tiruvannamalai, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Bank in Perungattur, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Indian Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Tiruvannamalai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Perungattur, Tiruvannamalai?

The IFSC Code is IDIB000P035.

Is the IFSC Code IDIB000P035 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 Perungattur?

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 Perungattur branch?

The address of the branch is 50 Road Street Perungattur Village Vembakkam Tk Pin 604402 located in Tiruvannamalai, Perungattur, Tamil Nadu.

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.