Indusind Bank, MANDI

Here is the IFSC & MICR Codes of Indusind Bank, MANDI, MANDI, HIMACHAL PRADESH. Also get the latest address, contact number of Indusind Bank, MANDI.

IFSC Code: INDB0001395
Branch: MANDI
Address: INDUSIND BANK KHASRA NO 1234 1236 RAMNAGAR SADAR MANDI HIMACHAL PARDESH 175001
Bank Code: INDB
MICR: 175234102

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Frequently asked questions

What's the IFSC Code of MANDI, Indusind Bank?: The IFSC Code of MANDI, Indusind Bank is INDB0001395.
What's the Address of MANDI, Indusind Bank?: The Address of MANDI, Indusind Bank is INDUSIND BANK KHASRA NO 1234 1236 RAMNAGAR SADAR MANDI HIMACHAL PARDESH 175001.
What's the MICR Code of MANDI, Indusind Bank?: The MICR Code of MANDI, Indusind Bank is 175234102.
What's the District MANDI, Indusind Bank falls under?: The District MANDI, Indusind Bank falls under is MANDI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).