IFSC Code of Indian Bank, West Bengal, Kolkata, Bhowanipore

IDIB000B023

Indian Bank

Indian Bank

IFSC Code

IDIB000B023

MICR Code

700019005

Bank Name Indian Bank
District Kolkata
State West Bengal
Address 40 Ashutosh Mukherjee Road Bhowanipore Kolkata Elgin Road Po) Pin 700020
Phone +913324557801

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the Indian Bank Branch Near You

List of all Indian Bank Branch IFSC Code

B T Road

IDIB000B038

28 Barrackpore Trunk Road Kolkata KOLKATA COSSIPORE KOLKATA PIN 700002

Baghajatin Formerly Em By Pass

IDIB000E042

38 BAGHA JATIN STATION ROAD BAGHA JATIN PIN 700086

Burra Bazaar

IDIB000B034

P/13 Kalakar Street Burra Bazaar KOLKATA Burrabazar Kolkata700007 PIN 700007

Cms Unit Kolkata

IDIB0CMSV06

1ST FLOOR 14 INDIA EXCHANGE PLACE KOLKATA

College Square

IDIB000C638

61 61/1 MAHATMA GANDHI ROAD KOLKATA 700 009 MG ROAD KOLKATA MG ROAD KOLKATA PIN 700009

Cossipore

IDIB000K747

52/13 KASHINATH DUTTA ROAD KOLKATA KOLKATA PIN 700036

G C Avenue

IDIB000G003

2 Ganesh Chandra Avenue Kolkata BOWBAZAR PIN 700013

Garia

IDIB000G071

217 GARIA MAIN ROAD KOLKATA GARIA PIN 700084

Gariahat

IDIB000G538

51/D GARIAHAT ROAD GARIAHAT ROAD KOLKATA BALLYGUNJ PIN 700019

Golf Garden Kolkata

IDIB000G590

HOUSE NO 1/13A AUROBINDA NAGAR KOLKATA BIJOYGARH PIN 700032

Hide Road

IDIB000H007

104/4/4 Satyen Roy Road Behala KOLKATA BEHALA PIN 700034

Ind Msme, Kolkata

IDIB000I072

10C, SOUTHERN AVENUE, KALIGHAT (PO), KOLKATA, WEST BENGAL, PIN-700026

JodhPur Park

IDIB000K760

505 JODHPUR PARK KOLKATA 700 068 PIN 700068

Kolkata Chakrabaria

IDIB000C516

41/2B SARAT BOSE ROAD PIN 700020

Kolkata Kankurgachi

IDIB000K761

P15 CIT ROAD SCHEME VII M KANKURGACHI PIN 700054

Kolkata Chitranjan Avenue

IDIB000K745

113/1B CR AVENUE KOLKATA KOLKATA PIN 700073

Kolkata Elgin Road

IDIB000K750

10/4BSHAMBUNATH PANDIT STREET ELGIN ROAD ELGIN ROAD LR SARANI PIN 700020

Kolkata Harish Mukherjee Road

IDIB000H547

87A HARISH MUKHERJEE ROAD KOLKATA PIN 700025

Kolkata Hazra Road

IDIB000K757

37 HAZRA ROAD KOLKATA 700 029 HAZRA ROAD KOLKATA HAZRA ROAD PIN 700029

Kolkata New Alipore

IDIB000N583

BLOCK N PLOT NO 554 NEW ALIPORE TOLLYGUNGE CIRCULAR ROAD KOLKATA NEWALIPORE PIN 700053

Kolkata Park Street

IDIB000P581

1ST FLOOR 57 PARK STREET PIN 700016

Kolkata Alipore

IDIB000A571

1/A RONALDSHAY ROAD KOLKATA 700 027 1/A RONALDSHAY ROAD CChest Phone 24795839 ALIPORE PIN 700027

Kolkata B.k.pal Avenue

IDIB000K740

88 B K PAUL AVENUE KOLKATA KOLKATA KOLKATA PIN 700005

Kolkata Kidderpore

IDIB000K762

3 DENT MISSION ROAD NEAR FANCY MARKET) PIN 700023

Kolkata Main

IDIB000C001

P B No 717 3/1 R N Mukherjee Road Shree Ram Chambers R N MUKHERJEE ROAD PIN 700001

Kolkata Main

IDIB000M567

14 INDIA EXCHANGE PLACE KOLKATA KOLKATA PIN 700001

Kolkata Sme Finance Branch

IDIB000S769

7 RED CROSS PLACE KOLKATA KOLKATA PIN 700001

Kolkata Tollyganj

IDIB000K777

93 DESHPRAN SASMAL ROAD KOLKATA 700 033 PIN 700033

Lake Gardens

IDIB000K763

170C/425 PRINCE ANWAR SHAH RD KOLKATA 700 045 PIN 700045

Large Corporate Branch Kolkata

IDIB000C196

1st Floor 14 India Exchange Place Kolkata Kolkata PIN 700001

Mcb Central Avenue Kolkata

IDIB000M415

34 C.R. AVENUE, 1ST FLOOR, JABAKUSUM BUILDING, BOWBAZAR, KOLKATA 700012, WEST BENGAL

Mcb Mission Row Kolkata

IDIB000M716

14 INDIA EXCHANGE PLACE KOLKATA KOLKATA PIN 700001

Msme Cpu Kolkata

IDIB000M337

14-7,FIRST FLOOR GARIAHAT ROAD GARIAHAT

Ranikuthi

IDIB000R600

54 NETAJI SUBHAS CHANDRA BOSE ROAD KOLKATA 700 040 N S C BOSE ROAD KOLKATA REGENT PARK PIN 700040

Ritchie Road

IDIB000K769

17/2 RITCHIE ROAD KOLKATA 700 019 RITCHIE ROAD KOLKATA BALLYGUNGE PIN 700019

Rntiic MukundaPur

IDIB000R503

RN TAGORE INTERNATIONAL INSTITUTE OF CARDIAC SCIENCES 124 MUKUNDPUR ROAD MUKUNDPUR ROAD MUKUNDPUR PIN 700099

Russell Street

IDIB000R024

5B RUSSELL STREET PARK STREET AREA RUSSELL STREET PIN 700071

Salt Lake

IDIB000S147

West Bengal Univ of Technology BF142 Salt Lake Sector 1 SALT LAKE PIN 700064

Sam Large Kolkata

IDIB000A122

1ST FLOOR 14 INDIA EXCHANGE PLACE INDIAN BANK BUILDING GPO KOLKATA PIN 700001

Sarat Bose Road

IDIB000S040

AMARDEEP BUILDING 1 SARAT BOSE ROAD KOLKATA SARAT BOSE ROAD PIN 700020

Sealdah

IDIB000K772

127/1 AJC Bose Road Kolkata Muchipara PIN 700014

Shyam Bazar

IDIB000S054

3 Bhabhanath Sen Street Shyam Bazar KOLKATA SHYAM BAZAR PIN 700004

South Kolkata

IDIB000K774

111 A/2B S P MUKHERJEE ROAD RASHBIHARI MORE KALIGHAT METROGATE 3 KALIGHAT PIN 700026

Specialised Msme Branch Kolkata Central

IDIB000S353

1ST FLOOR, 93 DESPRAN SHASMAL ROAD, AASHA CO HOUSING SOCIETY, TOLLYGUNGE, KOLKATA 700033

Strand Road Two

IDIB000K776

36 STRAND ROAD STRAND ROAD KOLKATA GPO PIN 700001

Vivekananda Road

IDIB000V028

36/1 Vivekananda Road VIVEKANANDA ROAD JORASANKO PIN 700006

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.

IFSC Code Structure

The IFSC code is an 11-character code that follows the structure below:

  • First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
  • Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
  • Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.

Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.

How to Obtain the IFSC Code

Finding an IFSC code is easy. Here are a few methods:

  • Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
  • Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
  • Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
  • Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
  • Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
  • RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
  • Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.

Why is the IFSC Code Important in Fund Transfers?

The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:

  • NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
  • RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
  • IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
  • Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.

What is the Use of an IFSC Code?

The IFSC code has numerous uses within the banking system:

  • Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
  • Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
  • Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
  • Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.

Importance of Loan and Interest Calculator

Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:

Loan Calculators

  • Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
  • Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.

EMI Calculators

  • EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 years: Estimates returns over a 15-year period.
  • PPF Calculator 30 years: Projects returns over a 30-year period

Conclusion

The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.

Frequently Asked Questions

The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.

The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.

No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.

If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.

The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.

No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.