IFSC Code IDIB000A556 - Indian Bank-OLD COTTON MARKET AKOLA-Akola
| Detail | Information |
|---|---|
| IFSC Code | IDIB000A556 |
| Bank Name | Indian Bank |
| Address | CHAMBER OF FARMERS OLD COTTON MARKET PIN 444001 |
| District | Akola |
| State | Maharashtra |
| Branch | Old cotton market akola |
| Contact | +917242430485 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 444019002 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | IDIB |
Overview of IDIB000A556
The IFSC code IDIB000A556 is associated with the Akola OLD COTTON MARKET AKOLA Branch of Indian Bank. Located in the bustling city of Akola, MAHARASHTRA, this branch is one of the many Indian Bank branches that cater to the banking needs of the local residents. The code "IDIB" in IDIB000A556 represents Indian Bank Bank, while 000A556 signifies the unique branch code for OLD COTTON MARKET AKOLA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like IDIB000A556, for the OLD COTTON MARKET AKOLA Branch, cannot be overstated. It acts as an address that identifies both the Indian Bank and its specific branch in Akola. 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 IDIB000A556
The IFSC code IDIB000A556 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 Akola. Let's break down the details:
- IFSC Code (IDIB000A556): 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 "000A556" are a unique identifier for the OLD COTTON MARKET AKOLA 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 (CHAMBER OF FARMERS OLD COTTON MARKET PIN 444001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Akola, MAHARASHTRA): The branch is situated in the heart of Akola, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (OLD COTTON MARKET AKOLA): The [AREA_NAME] area in Akola is a hub of activity, and the Indian Bank branch here caters to both individual and business banking needs.
- Phone Number (+917242430485): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.