Indusind Bank, KARVENAGAR PUNE

Here is the IFSC & MICR Codes of Indusind Bank, KARVENAGAR PUNE, PUNE, MAHARASHTRA. Also get the latest address, contact number of Indusind Bank, KARVENAGAR PUNE.

IFSC Code: INDB0001038
Branch: KARVENAGAR PUNE
Address: GROUND FLOOR SOLITAIRE APARTMENT SURVEY NO 35 6 HINGNE BUDRUK KARVE NAGAR TAL HAVELI
Bank Code: INDB
MICR: 411234020

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Frequently asked questions

What's the IFSC Code of KARVENAGAR PUNE, Indusind Bank?: The IFSC Code of KARVENAGAR PUNE, Indusind Bank is INDB0001038.
What's the Address of KARVENAGAR PUNE, Indusind Bank?: The Address of KARVENAGAR PUNE, Indusind Bank is GROUND FLOOR SOLITAIRE APARTMENT SURVEY NO 35 6 HINGNE BUDRUK KARVE NAGAR TAL HAVELI.
What's the MICR Code of KARVENAGAR PUNE, Indusind Bank?: The MICR Code of KARVENAGAR PUNE, Indusind Bank is 411234020.
What's the District KARVENAGAR PUNE, Indusind Bank falls under?: The District KARVENAGAR PUNE, Indusind Bank falls under is PUNE.

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).