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IFSC Code of Indusind Bank, Road No Forty Five Jubilee Hills, Hyderabad, Telangana — INDB0001723

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indusind Bank for its Road No Forty Five Jubilee Hills branch in Hyderabad, Hyderabad, Telangana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Indusind Bank situated in Hyderabad or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code INDB0001723. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indusind Bank, Road No Forty Five Jubilee Hills, Hyderabad

Here are some of the key details that come with the IFSC Code INDB0001723 of Indusind Bank for its branch located in Hyderabad, within the district of Hyderabad in the state of Telangana.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001723
Branch Road No Forty Five Jubilee Hills
City Hyderabad
District Hyderabad
State Telangana
Address Ground Floor Door No 8 2 293 82 A 1057 F2 Road No 45 Jubilee Hills Hyderabad 500033 Telangana

These details are important not only for users using online banking but also for businesses and individuals who use Indusind Bank in Hyderabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code INDB0001723 for the Road No Forty Five Jubilee Hills branch of Indusind Bank is vital.

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 Road No Forty Five Jubilee Hills, Hyderabad, Telangana, is provided with a unique IFSC like INDB0001723 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Indusind Bank branch in Hyderabad.
  • 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 Hyderabad and Hyderabad.
  • 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Indusind Bank in Road No Forty Five Jubilee Hills do not get mixed with another location.

Format of the IFSC Code INDB0001723

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 Road No Forty Five Jubilee Hills in Hyderabad.

For example, the IFSC Code INDB0001723 of Indusind Bank for the Road No Forty Five Jubilee Hills branch includes these elements, identifying the bank and the branch location in Hyderabad and Telangana correctly.

How to Find IFSC Code for Indusind Bank?

If you are looking for the IFSC Code INDB0001723 of Indusind Bank for its Road No Forty Five Jubilee Hills branch located in Hyderabad, the following methods can help:

Cheque Book

The cheque book that is issued by Indusind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Indusind Bank and look for the branch locator section, then search for Road No Forty Five Jubilee Hills or Hyderabad to get the exact IFSC Code INDB0001723.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indusind Bank and Hyderabad, then it will provide you proper information.

How to Use IFSC Code INDB0001723 for Online Transfers?

Once you have the IFSC Code INDB0001723 for the Road No Forty Five Jubilee Hills branch of Indusind Bank in Hyderabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0001723. 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 INDB0001723.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Road No Forty Five Jubilee Hills in Hyderabad 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 Road No Forty Five Jubilee Hills, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hyderabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank Road No Forty Five Jubilee Hills Hyderabad?

The IFSC Code of the Road No Forty Five Jubilee Hills Hyderabad branch is INDB0001723.

Is IFSC Code INDB0001723 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indusind Bank Road No Forty Five Jubilee Hills branch?

The branch is located at Ground Floor Door No 8 2 293 82 A 1057 F2 Road No 45 Jubilee Hills Hyderabad 500033 Telangana.

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.

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