IFSC Code IDIB000S512 - Indian Bank-SAGAR-Sagar

Detail Information
IFSC Code IDIB000S512
Bank Name Indian Bank
Address GANGA COMPLEX NAMAK MANDI KATRA ABZAR SAGAR SAGAR PIN 470002
District Sagar
State Madhya pradesh
Branch Sagar
Contact +917582244061
Centre Available
IMPS Available
UPI Available
MICR 470019002
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode IDIB

Overview of IDIB000S512

The IFSC code IDIB000S512 is associated with the Sagar SAGAR Branch of Indian Bank. Located in the bustling city of Sagar, MADHYA PRADESH, this branch is one of the many Indian Bank branches that cater to the banking needs of the local residents. The code "IDIB" in IDIB000S512 represents Indian Bank Bank, while 000S512 signifies the unique branch code for SAGAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IDIB000S512, for the SAGAR Branch, cannot be overstated. It acts as an address that identifies both the Indian Bank and its specific branch in Sagar. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into IDIB000S512

The IFSC code IDIB000S512 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Bank in Sagar. Let's break down the details:

  • IFSC Code (IDIB000S512): This unique code is essential for electronic fund transfers. The first four characters "IDIB" represent the bank's name, Indian Bank. The last six characters "000S512" are a unique identifier for the SAGAR branch.
  • Bank Name (Indian Bank): One of [country]'s leading banks, Indian Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (GANGA COMPLEX NAMAK MANDI KATRA ABZAR SAGAR SAGAR PIN 470002): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Sagar, MADHYA PRADESH): The branch is situated in the heart of Sagar, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (SAGAR): The [AREA_NAME] area in Sagar is a hub of activity, and the Indian Bank branch here caters to both individual and business banking needs.
  • Phone Number (+917582244061): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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