For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indusind Bank for its Jaleswar Odisha branch in Baleshwar, Jaleswar, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indusind Bank located in Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code INDB0001012. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indusind Bank, Jaleswar Odisha, Baleshwar

Here are the main details that are associated with the IFSC Code INDB0001012 of Indusind Bank for its branch located in Baleshwar, within the district of Jaleswar in the state of Odisha.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001012
Branch Jaleswar Odisha
City Baleshwar
District Jaleswar
State Odisha
Address Ground Floor Plot No 286 761 Unit 12 Jhadeswarapur Garage Bazarmain Road Near Bus Stand Jaleswar

These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Baleshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001012 for the Jaleswar Odisha branch of Indusind Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indusind Bank located in Jaleswar Odisha, Baleshwar, Odisha, is provided with a unique IFSC like INDB0001012 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indusind Bank branch in Baleshwar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Baleshwar and Jaleswar.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Indusind Bank in Jaleswar Odisha do not get mixed with another location.

Format of the IFSC Code INDB0001012

The format of the IFSC Code for banks, including Indusind Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Indusind Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jaleswar Odisha in Baleshwar.

For example, the IFSC Code INDB0001012 of Indusind Bank for the Jaleswar Odisha branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha correctly.

How to Find IFSC Code for Indusind Bank?

If you are trying to find the IFSC Code INDB0001012 of Indusind Bank for its Jaleswar Odisha branch located in Baleshwar, the following methods can help:

Cheque Book

The cheque books that are issued by Indusind Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indusind Bank branches in Baleshwar and Jaleswar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indusind Bank and find the branch locator section. Search for Jaleswar Odisha or Baleshwar to get the exact IFSC Code INDB0001012.

Mobile Banking App

If you use Indusind Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Indusind Bank and Baleshwar that will provide accurate information.

How to Use IFSC Code INDB0001012 for Online Transfers?

Once you have the IFSC Code INDB0001012 for the Jaleswar Odisha branch of Indusind Bank in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0001012. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Indusind Bank IFSC Code INDB0001012.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Jaleswar Odisha in Baleshwar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indusind Bank in Jaleswar Odisha, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Indusind Bank website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Baleshwar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Jaleswar Odisha, Baleshwar?

The IFSC Code is INDB0001012.

Is the IFSC Code INDB0001012 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indusind Bank Jaleswar Odisha?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jaleswar Odisha branch?

The address of the branch is Ground Floor Plot No 286 761 Unit 12 Jhadeswarapur Garage Bazarmain Road Near Bus Stand Jaleswar located in Baleshwar, Jaleswar, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.