For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indusind Bank for its Bangur Nagar Goregaon W branch in Mumbai, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Indusind Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code INDB0002255. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Indusind Bank, Bangur Nagar Goregaon W, Mumbai
The table below shows the main details of the IFSC Code INDB0002255 for the Indusind Bank branch in Mumbai, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0002255 |
| Branch | Bangur Nagar Goregaon W |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Floor Verve By Kolte Patil D Mart Bangur Nagar Link Road Goregaon W |
These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0002255 for the Bangur Nagar Goregaon W 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 provided by the Reserve Bank of India. Every bank branch, including Indusind Bank located in Bangur Nagar Goregaon W, Mumbai, Maharashtra, is provided with a unique IFSC like INDB0002255 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indusind Bank branch in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Indusind Bank in Bangur Nagar Goregaon W do not get mixed with another location.
Format of the IFSC Code INDB0002255
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 Bangur Nagar Goregaon W in Mumbai.
For example, the IFSC Code INDB0002255 of Indusind Bank for the Bangur Nagar Goregaon W branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for Indusind Bank?
If you are looking for the IFSC Code INDB0002255 of Indusind Bank for its Bangur Nagar Goregaon W branch located in Mumbai, 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 Mumbai and Mumbai, 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 Bangur Nagar Goregaon W or Mumbai to get the exact IFSC Code INDB0002255.
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 Mumbai, then it will provide you proper information.
How to Use IFSC Code INDB0002255 for Online Transfers?
Once you have the IFSC Code INDB0002255 for the Bangur Nagar Goregaon W branch of Indusind Bank in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code INDB0002255. 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 INDB0002255.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Bangur Nagar Goregaon W in Mumbai, 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 Bangur Nagar Goregaon W, 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 Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0002255.
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 Verve By Kolte Patil D Mart Bangur Nagar Link Road Goregaon W located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
