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 Indusind Bank for its Badkalimati branch in Keonjhar, Bamebari, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indusind Bank located in Keonjhar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code INDB0000695. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indusind Bank, Badkalimati, Keonjhar
Here are the main details that are associated with the IFSC Code INDB0000695 of Indusind Bank for its branch located in Keonjhar, within the district of Bamebari in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0000695 |
| Branch | Badkalimati |
| City | Keonjhar |
| District | Bamebari |
| State | Odisha |
| Address | Grd Flr Dubuna Kalimati Chowk Village Badkalimati Keonjhar Dubuna Ps Bamebari Pin 758034 Odisha |
These details help users in online banking and for businesses and individuals who use Indusind Bank in Keonjhar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000695 for the Badkalimati branch of Indusind 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 that is provided by the Reserve Bank of India. A unique IFSC like INDB0000695 is given to every bank branch, including Indusind Bank located in Badkalimati, Keonjhar, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indusind Bank branch in Keonjhar.
- 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 Keonjhar and Bamebari.
- 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Indusind Bank in Badkalimati doesn't end up at another location.
Format of the IFSC Code INDB0000695
The format of the IFSC Code for banks, including Indusind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Indusind 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 Badkalimati in Keonjhar.
For example, the IFSC Code INDB0000695 of Indusind Bank for the Badkalimati branch includes these elements, identifying the bank and the branch location in Keonjhar and Odisha accurately.
How to Find IFSC Code for Indusind Bank?
If you are looking for the IFSC Code INDB0000695 of Indusind Bank for its Badkalimati branch located in Keonjhar, the following methods can help:
Cheque Book
The cheque book that is issued by Indusind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Indusind Bank branches in Keonjhar and Bamebari, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Indusind Bank and look for the branch locator section, then search for Badkalimati or Keonjhar to get the exact IFSC Code INDB0000695.
Mobile Banking App
If you use Indusind Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indusind Bank and Keonjhar, then it will provide you proper information.
How to Use IFSC Code INDB0000695 for Online Transfers?
Once you have the IFSC Code INDB0000695 for the Badkalimati branch of Indusind Bank in Keonjhar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code INDB0000695. 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 Indusind Bank IFSC Code INDB0000695.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Badkalimati in Keonjhar, 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 Indusind Bank in Badkalimati, 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 Indusind Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Keonjhar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0000695.
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 Grd Flr Dubuna Kalimati Chowk Village Badkalimati Keonjhar Dubuna Ps Bamebari Pin 758034 Odisha located in Keonjhar, Bamebari, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.