IFSC code for Indusind Bank, Sector thirty eight chandigarh, Chandigarh, Chandigarh
Updated on: Saturday, March 1, 2025
IFSC CODE
INDB0000835
Indusind Bank
Sector Thirty Eight Chandigarh, Chandigarh, Chandigarh
Address
Ground And Basement Floor Sco 301 302 Sector 38d Chandigarh 160038
Indusind Bank
Sector Thirty Eight Chandigarh, Chandigarh, Chandigarh
Address
Ground And Basement Floor Sco 301 302 Sector 38d Chandigarh 160038
Bank Details
IFSC Code
INDB0000835
MICR Code
160234030
Bank Code
(Based on IFSC)
INDB
Bank Code
(Based on MICR)
234
Contact
+911724965199
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IFSC Code of Indusind Bank
Every Indusind Bank branch in India has a unique Indusind Bank IFSC Code. Indusind Bank IFSC Code enables Indusind Bank account holders to send and receive money electronically. Indusind Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Indusind Bank IFSC Code INDB0000835
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., INDB, denotes the name of the bank which is Indusind Bank.
The fifth character is 0.
The last six digits of the code, i.e., 000835, represents the branch which is Indusind Bank
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MICR Code of Indusind Bank
Every Indusind Bank branch in India has a unique Indusind Bank MICR Code. MICR code for Indusind Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Indusind Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
