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 Patrapara branch in Khurda, Bhubaneswar, Odisha, 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 Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code INDB0000366. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indusind Bank, Patrapara, Khurda
Below in the table are the key details related to IFSC Code INDB0000366 of Indusind Bank for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0000366 |
| Branch | Patrapara |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Plot No B-32, Nh-5, Mouza-Dumduma, Teh- Bhubaneswar, Sro-Khandagiri, Patrapara- 751 019 Dist Khurda, Odisha |
These details help users in online banking and for businesses and individuals who use Indusind Bank in Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000366 for the Patrapara branch of Indusind Bank has a very 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 Patrapara, Khurda, Odisha, is provided with a unique IFSC like INDB0000366 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indusind Bank branch in Khurda.
- 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 Khurda and Bhubaneswar.
- 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 Patrapara do not get mixed with another location.
Format of the IFSC Code INDB0000366
This is the format of the IFSC Code for banks, including Indusind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indusind Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Patrapara in Khurda.
For example, the IFSC Code INDB0000366 of Indusind Bank for the Patrapara branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.
How to Find IFSC Code for Indusind Bank?
If you are trying to find the IFSC Code INDB0000366 of Indusind Bank for its Patrapara branch located in Khurda, the following methods can help:
Cheque Book
The cheque book issued by Indusind Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Indusind Bank branches in Khurda and Bhubaneswar, print them on the first page of your passbook.
Bank Website
Visit the official website of Indusind Bank and navigate to the branch locator section. Search for Patrapara or Khurda to get the exact IFSC Code INDB0000366.
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 keeps an updated list of all IFSC codes. If you search for Indusind Bank and Khurda, you'll get the correct details.
How to Use IFSC Code INDB0000366 for Online Transfers?
Once you have the IFSC Code INDB0000366 for the Patrapara branch of Indusind Bank in Khurda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code INDB0000366. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 INDB0000366.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Patrapara in Khurda, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indusind Bank in Patrapara, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Indusind Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Khurda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Patrapara Khurda branch is INDB0000366.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Plot No B-32, Nh-5, Mouza-Dumduma, Teh- Bhubaneswar, Sro-Khandagiri, Patrapara- 751 019 Dist Khurda, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.