The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indusind Bank for its Annapurna Road Indore branch in Indore, Indore, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Indusind Bank located in Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code INDB0000871. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Annapurna Road Indore, Indore

The table below shows the main details of the IFSC Code INDB0000871 for the Indusind Bank branch in Indore, which falls under the Indore district in Madhya Pradesh.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0000871
Branch Annapurna Road Indore
City Indore
District Indore
State Madhya Pradesh
Address Ground Floor 5A Bhawanipur Colony Annapurna Main Road Indore 452009 Madhya Pradesh

These details are crucial, not just for online banking users but also for businesses and individuals who use Indusind Bank in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000871 for the Annapurna Road Indore branch of Indusind Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indusind Bank located in Annapurna Road Indore, Indore, Madhya Pradesh, is provided a unique IFSC like INDB0000871 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indusind Bank branch in Indore.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Indore and Indore.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Indusind Bank in Annapurna Road Indore do not get misguided to another person.

Format of the IFSC Code INDB0000871

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Indusind Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Annapurna Road Indore in Indore.

For example, the IFSC Code INDB0000871 of Indusind Bank for the Annapurna Road Indore branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Indusind Bank?

To find the IFSC Code INDB0000871 of Indusind Bank for its Annapurna Road Indore branch located in Indore, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Indusind Bank and go to the branch locator section. Then search for Annapurna Road Indore or Indore to find the exact IFSC Code INDB0000871.

Mobile Banking App

If you use Indusind Bank's mobile app, you can 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. Searching for Indusind Bank and Indore will provide accurate information.

How to Use IFSC Code INDB0000871 for Online Transfers?

If you have the IFSC Code INDB0000871 for the Annapurna Road Indore branch of Indusind Bank in Indore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0000871. Transfers are processed in batches. 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. Asks for the recipient's account details and Indusind Bank IFSC Code INDB0000871.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indusind Bank Annapurna Road Indore in Indore, it 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 Annapurna Road Indore, 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 Indore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Annapurna Road Indore, Indore?

The IFSC Code is INDB0000871.

Is the IFSC Code INDB0000871 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 Annapurna Road Indore?

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 Annapurna Road Indore branch?

The address of the branch is Ground Floor 5A Bhawanipur Colony Annapurna Main Road Indore 452009 Madhya Pradesh located in Indore, Indore, Madhya Pradesh.

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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