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 Dahisar East branch in Mumbai, Dahisar, Maharashtra, 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 Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code INDB0001568. 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, Dahisar East, Mumbai

Below in the table are the key details related to IFSC Code INDB0001568 of Indusind Bank for its branch located in Mumbai, within the district of Dahisar in the state of Maharashtra.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001568
Branch Dahisar East
City Mumbai
District Dahisar
State Maharashtra
Address Ground Floor Shop No 2 3 4 Vishwakarama Nagar Chs Chattrapati Shivaji Road Near Anand Nagar Dahisar East Mumbai 400068

These details help users in online banking and for businesses and individuals who use Indusind Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001568 for the Dahisar East 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 Dahisar East, Mumbai, Maharashtra, is provided with a unique IFSC like INDB0001568 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 Dahisar.
  • 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 Dahisar East do not get mixed with another location.

Format of the IFSC Code INDB0001568

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 Dahisar East in Mumbai.

For example, the IFSC Code INDB0001568 of Indusind Bank for the Dahisar East branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Indusind Bank?

If you are trying to find the IFSC Code INDB0001568 of Indusind Bank for its Dahisar East branch located in Mumbai, the following methods can help:

Cheque Book

The cheque books that are issued by Indusind Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Indusind Bank and find the branch locator section. Search for Dahisar East or Mumbai to get the exact IFSC Code INDB0001568.

Mobile Banking App

If you use Indusind Bank's mobile app, you can easily 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 to help you in searching for Indusind Bank and Mumbai that will provide accurate information.

How to Use IFSC Code INDB0001568 for Online Transfers?

Once you have the IFSC Code INDB0001568 for the Dahisar East 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 INDB0001568. 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 INDB0001568.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Dahisar East in Mumbai, 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 Dahisar East, 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Dahisar East, Mumbai?

The IFSC Code is INDB0001568.

Is the IFSC Code INDB0001568 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 Dahisar East?

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 Dahisar East branch?

The address of the branch is Ground Floor Shop No 2 3 4 Vishwakarama Nagar Chs Chattrapati Shivaji Road Near Anand Nagar Dahisar East Mumbai 400068 located in Mumbai, Dahisar, Maharashtra.

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.