Indian Bank has 4 branches in Samastipur like Sarsona , Samastipur , Patori , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Indian Bank in Samastipur

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Sarsona Sarsona Po Gouspur Sarsona Via Tajpur Samastipur 848130 IDIB000S084 848019002 Indian Bank Sarsona Samastipur Bihar
Samastipur Inter College Road, Kashipur, Samastipur 848001 IDIB000S170 NON-MICR Indian Bank Samastipur Samastipur Bihar
Patori Sri Panchanand Sadan Trivedi Parmanand Path Patori 848504 IDIB000P194 848019501 Indian Bank Patory Samastipur Bihar
Kussaiya Kussaiya Via Kishanpur Samastipur 848301 IDIB000K112 848019003 Indian Bank Kussiya Samastipur Bihar

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.