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 Su Valavetti branch in Tiruvannamalai, Su Valavetti, Tamil Nadu, 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 Tiruvannamalai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IDIB000S306. 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, Su Valavetti, Tiruvannamalai

Here are some of the key details that come with the IFSC Code IDIB000S306 of Indian Bank for its branch located in Tiruvannamalai, within the district of Su Valavetti in the state of Tamil Nadu.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000S306
Branch Su Valavetti
City Tiruvannamalai
District Su Valavetti
State Tamil Nadu
Address 98/1 B Vanniyanagaram Bus Stop Suvalavetti Suvalavetti Pin 606806

These details help users in online banking and for businesses and individuals who use Indian Bank in Tiruvannamalai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000S306 for the Su Valavetti branch of Indian Bank has a very 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 Su Valavetti, Tiruvannamalai, Tamil Nadu, are allotted a unique IFSC like IDIB000S306 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Tiruvannamalai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Tiruvannamalai and Su Valavetti.
  • 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 Su Valavetti reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code IDIB000S306

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 Su Valavetti in Tiruvannamalai.

For example, the IFSC Code IDIB000S306 of Indian Bank for the Su Valavetti 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?

If you are trying to find the IFSC Code IDIB000S306 of Indian Bank for its Su Valavetti branch located in Tiruvannamalai, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indian Bank branches in Tiruvannamalai and Su Valavetti, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and find the branch locator section. Search for Su Valavetti or Tiruvannamalai to get the exact IFSC Code IDIB000S306.

Mobile Banking App

If you use Indian Bank's mobile app, you can easily 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 to help you in searching for Indian Bank and Tiruvannamalai that will provide accurate information.

How to Use IFSC Code IDIB000S306 for Online Transfers?

Once you have the IFSC Code IDIB000S306 for the Su Valavetti branch of Indian Bank in Tiruvannamalai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000S306. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indian Bank IFSC Code IDIB000S306.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Su Valavetti in Tiruvannamalai 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 Su Valavetti, 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 Tiruvannamalai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is IDIB000S306.

Is the IFSC Code IDIB000S306 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank Su Valavetti?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Su Valavetti branch?

The address of the branch is 98/1 B Vanniyanagaram Bus Stop Suvalavetti Suvalavetti Pin 606806 located in Tiruvannamalai, Su Valavetti, 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.