RAKSI Branch
The IFSC code of INDIAN BANK RAKSI branch is IDIB000R243. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in RAKSI, JHARKHAND.
IDIB identifies INDIAN BANK, 0 is a reserved digit (always 0), and 00R243 identifies the RAKSI branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
INDIAN BANK RAKSI branch is located at VILLAGE RAKSHI, PO RAMKANDA, PS RAMKANDA, DISTRICT GARHWA JHARKHAND.
Yes, IDIB000R243 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to INDIAN BANK RAKSI.
MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.
Based on RBI records, IDIB000R243 is an active IFSC code assigned to INDIAN BANK RAKSI in RAKSI, JHARKHAND. If you receive a transaction failure citing this IFSC, contact INDIAN BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.
Verify Before You Transfer
Always confirm the IFSC code directly with INDIAN BANK or the RBI before initiating a high-value transfer.
More INDIAN BANK branches in RAKSI
Browse all INDIAN BANK branches in RAKSI with their IFSC codes