Select Branch for Indusind Bank in Indore, Madhya Pradesh

Choose a branch to view IFSC code and details

Branch
Ahirkhedi

INDB0000629

GR FLR494 K VIDHUR NAGAR GRAM AHIRKHEDI TEHSIL DIST INDORE 452009 MADHYA PRADESH

Branch
Airport Road Indore

INDB0001973

SHOPNO10STARPLUSNEARDURGAGARDENNASIKROADDISTNASIK

Branch
Anand Bazar Saket Indore

INDB0001751

GROUND FLOOR├╜ PLOT NO├╜ 63├╜ SHRI NAGAR├╜ EXTENSION ├╜ANAND BAZAAR├╜ KHAJARANA MAIN ROAD├╜ SAKET├╜ INDORE├╜ PIN 452007├╜ MADHYA PRADESH

Branch
AnnaPurna Road Indore

INDB0000871

GROUND FLOOR 5A BHAWANIPUR COLONY ANNAPURNA MAIN ROAD INDORE 452009 MADHYA PRADESH

Branch
Asravadkhurd

INDB0000626

GR FLRPLOT 4 GRAM ASRAVADKHUD TEHSIL DIST INDORE 452020 MADHYA PRADESH

Branch
Asrawatbujurag

INDB0000623

GR FLR ASRAWATBUJURAG NEMAWAL RD POST DHUDIA TEH DISTRICT INDORE MADHYA PRADESH 452 016

Branch
Banedia

INDB0000940

HOUSE NO 113 WARD NO 3 CHOURAHA BANEDIA TEHSIL DEPALPUR DIST INDORE 453551

Branch
Bilawali

INDB0000628

GR FLR PLOT 63 GANESH NAGAR GRAM BILAWALI TEHSIL DIST INDORE 452020 MADHYA PRADESH

Branch
Chhawni

INDB0002222

GROUND FLOOR PLOT NO 49 OLD 40 RAVINDRA NATH TAGORE MARG CHAWNI INDORE 452 001 MADHYA PRADESH

Branch
Cloth Market

INDB0000851

GR AND 1ST FLOOR PLOT NO 31 SIR HUKUMCHAND MARG ITWARIYA BAZAR NEAR SHISH MAHAL CLOTH MARKET INDORE 452 002 MP

Branch
Harnya Khedi

INDB0000579

BULBUL DREAM PALACE,RASALPURA COLONY,VILLAGE HARNYA KHEDI,TEHSIL MHOW,INDORE 453446,MP

Branch
Hig Indore

INDB0002231

HIG MAIN ROAD OPP TRIVENI HOSPITAL INDORE MADHYA PRADESH 452001

Branch
Indore

INDB0000011

INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001

Branch
Indore Sanwer Road

INDB0001993

GROUND FLOOR 61/2 GRAM NARWAL SECTOR F SANWER ROAD INDORE MADHYA PRADESH 452001

Branch
Kalod Kartal

INDB0000535

GROUND FLOOR, PLOT NO 87, ANURADHA NAGAR, VILLAGE: KALOD KARTAL,KHANDWA ROAD, BYPASS CHOURAHA, DIST: INDORE, MADHYA PRADESH PIN CODE-452 020

Branch
Kankariya Pal

INDB0000907

GROUND FLOOR VILLAGE KANKARIYA PAL PANCHAYAT SANWER TEH HATOD DIST INDORE 453551 MP

Branch
Mahalakshmi Nagar Indore

INDB0002077

665 A SECTOR A ZONE 8 MAHALAKSHMI NAGAR DIST INDORE 452001

Branch
NihalPur Mundi

INDB0000529

303A, SILICON CITY, MANSEE HEIGHTS , VILLAGE:NIHALPUR MUNDI, DIST INDORE- 452 012, M.P

Branch
Palsikar Indore

INDB0002036

BAIRATHI COLONY PALSIKAR MAIN ROAD DIST INDORE 452001

Branch
Piplihana Branch

INDB0001811

GROUNDMEZZANINE FLOOR SHOP NO 8 DILPASAND GREENSPLOT NO RCM 4SCHEME NO 140 PIPLIHANA SQUARE INDORE MADHYA PRADESH PIN 452001.

Branch
Sanawadiya

INDB0000630

GR FLR SURVEY 2 1 PAIKI GRAM SANAWADIYA TEHSIL DIST INDORE MADHYA PRADESH 452016

Branch
Sapna Sangeeta Main Road,indore

INDB0000378

GROUND FLOOR, SHUBHAM CORPORATE , NO.27,PATEL NAGAR, SCHEME 31, TRAFFIC ROOT NO.6, 7,SAPNA SANGEETA MAIN ROAD,INDORE, MADHYAPRADESH

Branch
Scheme No Seventy Eight Indore

INDB0001626

SCH NO 78 INDUSIND BANK LTD GROUND FLOOR PLOT NO 60 SLICE NO 1 SECTOR B INDORE MP 452010

Branch
Siyaganj Indore

INDB0000879

UPPER GROUND FLOOR PREM TRADE CENTRE SHOP NO 5 8 MAHARANI ROAD SIYAGANJ INDORE 452007 MP

Branch
South Tukoganj

INDB0001551

GROUND MEZZANINE FLOOR SHOP NO G 2 FORTUNE AMBIENCE PLOT NO 4 2 SOUTH TUKOGANJ INDORE 452001

Branch
Sutarkhedi

INDB0000624

GR FLR PLOT 10 SITA NAGAR COLONY GRAM SUTARKHEDI TEH MHOW DIST INDORE MADHYA PRADESH 453441

Branch
Talawali Chanda

INDB0000501

GROUND FLOOR, SURVEY NO. 141, VILLAGE TALAWALI CHANDA, POST MANGLIA, TEH & DIST. INDORE- 453771, MADHYA PRADESH

Branch
Umariya

INDB0000500

GANV THAN , VILLAGE:UMARIYA , # 41, BALAJI BHAWAN, AB ROAD,TEH-MHOW, DIST: INDORE- 453 331, MADHYA PRADESH

Branch
Umrikheda

INDB0000627

GR FLR NEAR 28 K TOLL NAKA GRAM UMRIKHEDA TEHSIL DIST INDORE MADHYA PRADESH 452007

Branch
Vijay Nagar Indore

INDB0000878

GROUND FLOOR DHAN TRIDENT PU 4 BLOCK NO B3 AB ROAD SATYA SAI SQUARE VIJAY NAGAR INDORE 452010 MP

Branch
Y N Road

INDB0000850

GR FLOOR SHIRISH CHAMBERS PLOT NO 25 1 YASHWANT NIWAS ROAD Y N ROAD SHIVSHAKTI NAGAR INDORE 452 003 MP

What are Indusind Bank IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Indusind Bank IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Indusind Bank IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Indusind Bank Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Indusind Bank Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining 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.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored 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

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.