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 Vilathikulam branch in Tuticorin, Tutikorin, Tamil Nadu, 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 Tuticorin or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IDIB000V172. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Vilathikulam, Tuticorin
Here are the key points that are associated with the IFSC Code IDIB000V172 of Indian Bank for its branch located in Tuticorin, within the district of Tutikorin in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000V172 |
| Branch | Vilathikulam |
| City | Tuticorin |
| District | Tutikorin |
| State | Tamil Nadu |
| Address | No 22 Water Tank Road Vilathikulam Thookudi Pin 628907 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Tuticorin for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000V172 for the Vilathikulam 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 Vilathikulam, Tuticorin, Tamil Nadu, are given a unique IFSC like IDIB000V172 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tuticorin.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Tuticorin and Tutikorin.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Bank in Vilathikulam goes to the correct branch. This is important because Indian Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDIB000V172
The format of the IFSC Code for banks, including Indian Bank, has 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 Vilathikulam in Tuticorin.
For example, the IFSC Code IDIB000V172 of Indian Bank for the Vilathikulam branch includes these elements, identifying the bank and the branch location in Tuticorin and Tamil Nadu correctly.
How to Find IFSC Code for Indian Bank?
To find the IFSC Code IDIB000V172 of Indian Bank for its Vilathikulam branch located in Tuticorin, 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 Tuticorin and Tutikorin, 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 Vilathikulam or Tuticorin to find the exact IFSC Code IDIB000V172.
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 Tuticorin will provide accurate information.
How to Use IFSC Code IDIB000V172 for Online Transfers?
Once you have the IFSC Code IDIB000V172 for the Vilathikulam branch of Indian Bank in Tuticorin, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000V172. 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 IDIB000V172.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Vilathikulam in Tuticorin, 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 Vilathikulam, 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 Tuticorin to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000V172.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No 22 Water Tank Road Vilathikulam Thookudi Pin 628907 located in Tuticorin, Tutikorin, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.