Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indusind Bank for its Saheed Nagar branch in Khurda, Bhubaneswar, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Indusind Bank located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code INDB0001457. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indusind Bank, Saheed Nagar, Khurda
Here are the main details that are associated with the IFSC Code INDB0001457 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 | INDB0001457 |
| Branch | Saheed Nagar |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Ground Floor Khata No 1057 1259 Mouza Bhubaneswar Sahara Unit No 32 Govindprasad Plot No 669 1668 668 661 2469 And Sub Plot No E 2 Situated At Cuttack Road Bomikhal Dist Khurda |
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 INDB0001457 for the Saheed Nagar 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, along with Indusind Bank located in Saheed Nagar, Khurda, Odisha, are allotted a unique IFSC like INDB0001457 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Khurda and Bhubaneswar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indusind Bank in Saheed Nagar reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code INDB0001457
The format of the IFSC Code for banks, including Indusind Bank, follows 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 Saheed Nagar in Khurda.
For example, the IFSC Code INDB0001457 of Indusind Bank for the Saheed Nagar branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.
How to Find IFSC Code for Indusind Bank?
To find the IFSC Code INDB0001457 of Indusind Bank for its Saheed Nagar branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Saheed Nagar or Khurda to find the exact IFSC Code INDB0001457.
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 Khurda will provide accurate information.
How to Use IFSC Code INDB0001457 for Online Transfers?
If you have the IFSC Code INDB0001457 for the Saheed Nagar branch of Indusind Bank in Khurda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0001457. 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 INDB0001457.
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 Saheed Nagar in Khurda, it may result in delayed or failed transactions.
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 Saheed Nagar, 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 is INDB0001457.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Khata No 1057 1259 Mouza Bhubaneswar Sahara Unit No 32 Govindprasad Plot No 669 1668 668 661 2469 And Sub Plot No E 2 Situated At Cuttack Road Bomikhal Dist Khurda located in Khurda, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.