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 Gujara branch in Raipur, Arang, 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 Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code INDB0000696. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indusind Bank, Gujara, Raipur
Below in the table are the key details related to IFSC Code INDB0000696 of Indusind Bank for its branch located in Raipur, within the district of Arang in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0000696 |
| Branch | Gujara |
| City | Raipur |
| District | Arang |
| State | Chhattisgarh |
| Address | Ground Floor Village Gujra Block Arang Dist Raipur P S Mandir Hasaud State Chattisgarh Pin 493441 |
These details help users in online banking and for businesses and individuals who use Indusind Bank in Raipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000696 for the Gujara 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 INDB0000696 is given to every bank branch, including Indusind Bank located in Gujara, Raipur, Chhattisgarh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indusind Bank branch in Raipur.
- 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 Raipur and Arang.
- 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indusind Bank in Gujara doesn't end up at another location.
Format of the IFSC Code INDB0000696
The format of the IFSC Code for banks, including Indusind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Indusind 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 Gujara in Raipur.
For example, the IFSC Code INDB0000696 of Indusind Bank for the Gujara branch has these elements, identifying the bank and the branch location in Raipur and Chhattisgarh correctly.
How to Find IFSC Code for Indusind Bank?
If you are trying to find the IFSC Code INDB0000696 of Indusind Bank for its Gujara branch located in Raipur, the following methods can help:
Cheque Book
The cheque books that are issued by Indusind Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Indusind Bank branches in Raipur and Arang, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indusind Bank and find the branch locator section. Search for Gujara or Raipur to get the exact IFSC Code INDB0000696.
Mobile Banking App
If you use Indusind Bank's mobile app, you can easily 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 to help you in searching for Indusind Bank and Raipur that will provide accurate information.
How to Use IFSC Code INDB0000696 for Online Transfers?
Once you have the IFSC Code INDB0000696 for the Gujara branch of Indusind Bank in Raipur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0000696. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indusind Bank IFSC Code INDB0000696.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indusind Bank Gujara in Raipur, it can result in delayed or failed transactions.
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 Gujara, 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 Raipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Gujara Raipur branch is INDB0000696.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor Village Gujra Block Arang Dist Raipur P S Mandir Hasaud State Chattisgarh Pin 493441.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.