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IFSC Code of Indusind Bank, Machhike, Tehsil Nihal Singh Wala, Punjab — INDB0001319

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 Machhike branch in Moga, Tehsil Nihal Singh Wala, Punjab, 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 Moga or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code INDB0001319. 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, Machhike, Moga

Below in the table are the key details related to IFSC Code INDB0001319 of Indusind Bank for its branch located in Moga, within the district of Tehsil Nihal Singh Wala in the state of Punjab.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001319
Branch Machhike
City Moga
District Tehsil Nihal Singh Wala
State Punjab
Address Ground Floor At Post Machhike Block Tehsil Singh Wala Moga 142039 Punjab

These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Moga for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001319 for the Machhike 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 that is provided by the Reserve Bank of India. A unique IFSC like INDB0001319 is given to every bank branch, including Indusind Bank located in Machhike, Moga, Punjab, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indusind Bank branch in Moga.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Moga and Tehsil Nihal Singh Wala.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Indusind Bank in Machhike doesn't end up at another location.

Format of the IFSC Code INDB0001319

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): These represent the bank code. In Indusind Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Machhike in Moga.

For example, the IFSC Code INDB0001319 of Indusind Bank for the Machhike branch has these elements, identifying the bank and the branch location in Moga and Punjab correctly.

How to Find IFSC Code for Indusind Bank?

If you are looking for the IFSC Code INDB0001319 of Indusind Bank for its Machhike branch located in Moga, 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 Moga and Tehsil Nihal Singh Wala, 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 Machhike or Moga to get the exact IFSC Code INDB0001319.

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 Moga, then it will provide you proper information.

How to Use IFSC Code INDB0001319 for Online Transfers?

Once you have the IFSC Code INDB0001319 for the Machhike branch of Indusind Bank in Moga, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code INDB0001319. The transfer is completed in batches instead of instantly. It is useful for both 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 INDB0001319.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Machhike in Moga, your payment can get delayed or might not go through at all.

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 Machhike, 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 Moga to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank Machhike Moga?

The IFSC Code of the Machhike Moga branch is INDB0001319.

Is IFSC Code INDB0001319 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 Machhike branch?

The branch is located at Ground Floor At Post Machhike Block Tehsil Singh Wala Moga 142039 Punjab.

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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