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IFSC Code of Indian Bank, Hiran Magri, Udaipur, Rajasthan — IDIB000H053

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 Hiran Magri branch in Udaipur, Udaipur, Rajasthan, 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 Udaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code IDIB000H053. 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, Hiran Magri, Udaipur

Below in the table are the key details related to IFSC Code IDIB000H053 of Indian Bank for its branch located in Udaipur, within the district of Udaipur in the state of Rajasthan.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000H053
Branch Hiran Magri
City Udaipur
District Udaipur
State Rajasthan
Address Hiran Magri Plot No 226228307309 Opp Shiv Mandir D Block Hiran Magri Sector 14 Pin 313002

These details are essential not only for online banking users but also for businesses and individuals who use Indian Bank in Udaipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000H053 for the Hiran Magri 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 Hiran Magri, Udaipur, Rajasthan, are given a unique IFSC like IDIB000H053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Udaipur.
  • 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 Udaipur and Udaipur.
  • 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 Hiran Magri goes to the correct branch. This is important because Indian Bank has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDIB000H053

This is the format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hiran Magri in Udaipur.

For example, the IFSC Code IDIB000H053 of Indian Bank for the Hiran Magri branch includes these elements, identifying the bank and the branch location in Udaipur and Rajasthan accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000H053 of Indian Bank for its Hiran Magri branch located in Udaipur, the following methods can help:

Cheque Book

The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Indian Bank branches in Udaipur and Udaipur, print them on the first page of your passbook.

Bank Website

Visit the official website of Indian Bank and navigate to the branch locator section. Search for Hiran Magri or Udaipur to get the exact IFSC Code IDIB000H053.

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 keeps an updated list of all IFSC codes. If you search for Indian Bank and Udaipur, you'll get the correct details.

How to Use IFSC Code IDIB000H053 for Online Transfers?

Once you have the IFSC Code IDIB000H053 for the Hiran Magri branch of Indian Bank in Udaipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDIB000H053. 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 IDIB000H053.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Hiran Magri in Udaipur, 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 Hiran Magri, 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 Udaipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in Hiran Magri, Udaipur?

The IFSC Code is IDIB000H053.

Is the IFSC Code IDIB000H053 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 Hiran Magri?

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 Hiran Magri branch?

The address of the branch is Hiran Magri Plot No 226228307309 Opp Shiv Mandir D Block Hiran Magri Sector 14 Pin 313002 located in Udaipur, Udaipur, Rajasthan.

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.

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