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 Manendragarh branch in Koriya, Manendragarh, Chhattisgarh, 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 Koriya or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code INDB0000796. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Manendragarh, Koriya

Here are some of the key details that come with the IFSC Code INDB0000796 of Indusind Bank for its branch located in Koriya, within the district of Manendragarh in the state of Chhattisgarh.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0000796
Branch Manendragarh
City Koriya
District Manendragarh
State Chhattisgarh
Address Grd Flr Property Plot No 188 2 Main Raod Near Pwd Office Manendragarh Koriya 497442 Chhattisgarh

These details helps users in online banking and for businesses and individuals who use Indusind Bank in Koriya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000796 for the Manendragarh branch of Indusind Bank plays a vital 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, including Indusind Bank located in Manendragarh, Koriya, Chhattisgarh, is provided with a unique IFSC like INDB0000796 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indusind Bank branch in Koriya.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Koriya and Manendragarh.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Indusind Bank in Manendragarh do not get mixed with another location.

Format of the IFSC Code INDB0000796

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indusind 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 Manendragarh in Koriya.

For example, the IFSC Code INDB0000796 of Indusind Bank for the Manendragarh branch includes these elements, identifying the bank and the branch location in Koriya and Chhattisgarh accurately.

How to Find IFSC Code for Indusind Bank?

To find the IFSC Code INDB0000796 of Indusind Bank for its Manendragarh branch located in Koriya, the following methods can help you out:

Cheque Book

The cheque book issued by Indusind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Indusind Bank branches in Koriya and Manendragarh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indusind Bank and go to the branch locator section. Then search for Manendragarh or Koriya to find the exact IFSC Code INDB0000796.

Mobile Banking App

If you use Indusind 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 Indusind Bank and Koriya will provide accurate information.

How to Use IFSC Code INDB0000796 for Online Transfers?

Once you have the IFSC Code INDB0000796 for the Manendragarh branch of Indusind Bank in Koriya, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0000796. 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 Indusind Bank IFSC Code INDB0000796.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Manendragarh in Koriya may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indusind Bank in Manendragarh, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Koriya manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Manendragarh, Koriya?

The IFSC Code is INDB0000796.

Is the IFSC Code INDB0000796 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Indusind Bank Manendragarh?

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

What is the full address of the Manendragarh branch?

The address of the branch is Grd Flr Property Plot No 188 2 Main Raod Near Pwd Office Manendragarh Koriya 497442 Chhattisgarh located in Koriya, Manendragarh, Chhattisgarh.

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.