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Indusind Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won’t repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can’t transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for INDUSIND bank in No.3 Village Road Nungambakkam, Chennai- 600 034 is INDB0000007

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any INDUSIND Bank account or to any other bank accounts, Here the first 4 alphabets INDB indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000007 indicates the particular branch of INDUSIND Bank which is located in No. 3, Dr. Village Road Nungambakkam Chennai- 600 034, Tamil Nadu.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find INDUSIND bank’s IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch -> to get the IFSC codes or MICR codes for IDBI bank. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Indusind Bank Branch Details

BANK DETAILS:

INDUSIND bank was established on 1994 by the honourable union finance minister Mr. Manmohan Singh, it is a new generation bank which gives its customers a commercial, transactional and electronic banking products and services. INDUSIND bank started its business with 100crores rupees out of which 60crores was raised by Indian residents, and the rest of the 40crores was given by non-residents of India.

Indusind bank has a total of 1558 branches in India in which most of the branches are at Mumbai and followed by New Delhi and Chennai. By the end of 2019 Indusind bank planned to double their number of branches by 1200, and there are a total of 2453 ATM’s in India. Indusind bank also have their foreign representative offices in London, Dubai and Abu Dhabi, and still they’re planning to expand their business in other countries.

The subsidiaries of INDUSIND bank is listed as follows;

  • Indusind Bank Limited
  • Asset Management Arm
  • Indusind Financial Inclusion

Products and services provided by the INDUSIND Bank:-

Deposit Accounts: There are two types of accounts which can be used in the Indusind bank i.e. Savings Account and Current Account.

Loans: There are a total of six types of loan system which is provided by the Indusind Bank i.e. Home loan, Personal loan, Loan against Property, Car loan, Gold loan, Two-wheeler loan.

Investments: There are two types of investments system in Indusind bank which is Fixed deposits and Recurring deposits.

Cards: There are two types of cards which are used in Indusind bank i.e. Debit cards and Credit cards.

Banking system: There are four types of Banking service provided in Indusind bank i.e. Balance enquiry, Mobile banking, Net banking, and Customer care services.

The total asset value of Indusind bank is ₹307,057crores which is 43billion dollars in U.S. dollars$.

For further details contact or write to Indusind bank:-
ADDRESS:
2401, General Thimmayya Road,
Cantonment,
Maharashtra,
Pune-411 001. E-mail:investor@indusind.com
Contact: +91 20 3046 1600-609.

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    City Branch IFSC Code
    Pondicherry Pondicherry INDB0000118

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