After the merger of the bank, now the customers will have to take care of the IFSC code and this code will have to be updated at all the places from where you have to get money.
Recently, many banks were merged into another bank, after which the difficulties for the customers have increased. Same is the case with those people whose account was in Allahabad Bank, because the account of this bank has been transferred to Indian Bank. After the merger of the bank, now the customers will have to take care of the IFSC code and this code will have to be updated at all the places from where you have to get money. Also, if you are giving your bank details to someone, then you have to take care about the IFSC code.
Actually, the IFSC code has also changed due to the merger in the bank and IFSC code is most necessary for doing any money transaction. So you have to know your new IFSC code first and after knowing the new code you have to update it everywhere. Otherwise you may have trouble with you. In such a situation, know what you have to do, what update the bank has given.
What is update?
The bank has given an update that now the new codes will start with IDIB. If those whose account is in Allahabad Bank and it is transferred to Indian Bank. Now IFSC codes of these account holders have also started from IDIB. So if you know your IFSC Code, which starts with IDIB. In such a situation, if you also have an account, then find out the new code, which starts with IDIB, otherwise money will not be transferred to your account.
For how long have to do this work?
Right now money is being transferred to the account from the old IFSC code too, but it will not happen after July 1, 2021. After July 1, the old codes will no longer be valid and account holders will have to update the new codes everywhere.
How to know new IFSC Code?
- You can find out the new IFSC Code in several ways.
- First of all go to the official website indianbank.in. From there you can find IFSC code and NCIR code.
- You can also find out through SMS. For this, send IFSC <space> <Old IFSC> to 9266801962.
- You can find out by visiting the toll free number 1800 425 00 000.
- Also, you can find out by going to the bank branch.
- You can find out by going to the bank and scanning the QR code.