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 Naugawan Thaggu branch in Udham Singh Nagar, Udham Singh Nagar, Uttarakhand, 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 Udham Singh Nagar or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code IDIB000N559. 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, Naugawan Thaggu, Udham Singh Nagar
Here are the key points that are associated with the IFSC Code IDIB000N559 of Indian Bank for its branch located in Udham Singh Nagar, within the district of Udham Singh Nagar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000N559 |
| Branch | Naugawan Thaggu |
| City | Udham Singh Nagar |
| District | Udham Singh Nagar |
| State | Uttarakhand |
| Address | Vill P O Naugawan Thaggu Block Khatima Pilibhit Road Tehsil Khatima Khatima Pin 262308 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Udham Singh Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000N559 for the Naugawan Thaggu branch of Indian Bank is vital.
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 IDIB000N559 is given to every bank branch, including Indian Bank located in Naugawan Thaggu, Udham Singh Nagar, Uttarakhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Udham Singh Nagar.
- 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 Udham Singh Nagar and Udham Singh Nagar.
- 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 Uttarakhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Bank in Naugawan Thaggu doesn't end up at another location.
Format of the IFSC Code IDIB000N559
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): These represent the bank code. In Indian Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Naugawan Thaggu in Udham Singh Nagar.
For example, the IFSC Code IDIB000N559 of Indian Bank for the Naugawan Thaggu branch has these elements, identifying the bank and the branch location in Udham Singh Nagar and Uttarakhand correctly.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000N559 of Indian Bank for its Naugawan Thaggu branch located in Udham Singh Nagar, 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
Most banks, including Indian Bank branches in Udham Singh Nagar and Udham Singh Nagar, print the IFSC and MICR codes 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 Naugawan Thaggu or Udham Singh Nagar to get the exact IFSC Code IDIB000N559.
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 Udham Singh Nagar, you'll get the correct details.
How to Use IFSC Code IDIB000N559 for Online Transfers?
Once you have the IFSC Code IDIB000N559 for the Naugawan Thaggu branch of Indian Bank in Udham Singh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDIB000N559. 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 IDIB000N559.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank Naugawan Thaggu in Udham Singh Nagar may 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 Naugawan Thaggu, 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 Udham Singh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000N559.
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 Vill P O Naugawan Thaggu Block Khatima Pilibhit Road Tehsil Khatima Khatima Pin 262308 located in Udham Singh Nagar, Udham Singh Nagar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.