Indusind Bank, OLD PANVEL

Here is the IFSC & MICR Codes of Indusind Bank, OLD PANVEL, RAIGAD, MAHARASHTRA. Also get the latest address, contact number of Indusind Bank, OLD PANVEL.

IFSC Code: INDB0001732
Branch: OLD PANVEL
Address: GROUND FLOOR SHOP NO 4 PLOT NO 228 04 06 KARNALA ROYAL BUILDING MTNL ROAD OLD PANVEL DISTRICT RAIGAD PIN 410206
Bank Code: INDB
MICR: 400234078

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Frequently asked questions

What's the IFSC Code of OLD PANVEL, Indusind Bank?: The IFSC Code of OLD PANVEL, Indusind Bank is INDB0001732.
What's the Address of OLD PANVEL, Indusind Bank?: The Address of OLD PANVEL, Indusind Bank is GROUND FLOOR SHOP NO 4 PLOT NO 228 04 06 KARNALA ROYAL BUILDING MTNL ROAD OLD PANVEL DISTRICT RAIGAD PIN 410206.
What's the MICR Code of OLD PANVEL, Indusind Bank?: The MICR Code of OLD PANVEL, Indusind Bank is 400234078.
What's the District OLD PANVEL, Indusind Bank falls under?: The District OLD PANVEL, Indusind Bank falls under is RAIGAD.

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).