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 Turner Road Bandar West branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code INDB0001918. 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, Turner Road Bandar West, Mumbai

The table below shows the main details of the IFSC Code INDB0001918 for the Indusind Bank branch in Mumbai, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001918
Branch Turner Road Bandar West
City Mumbai
District Mumbai
State Maharashtra
Address Shop No 02 Kripa Allure Manuel Gonsalves Road Off Turner Road Bandra W Mumbai 400050

These details are important not only for users using online banking but also for businesses and individuals who use Indusind Bank in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code INDB0001918 for the Turner Road Bandar West branch of Indusind Bank is vital.

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 Turner Road Bandar West, Mumbai, Maharashtra, is provided with a unique IFSC like INDB0001918 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 Turner Road Bandar West do not get mixed with another location.

Format of the IFSC Code INDB0001918

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 Turner Road Bandar West in Mumbai.

For example, the IFSC Code INDB0001918 of Indusind Bank for the Turner Road Bandar West branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Indusind Bank?

To find the IFSC Code INDB0001918 of Indusind Bank for its Turner Road Bandar West branch located in Mumbai, 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 Mumbai and Mumbai, 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 Turner Road Bandar West or Mumbai to find the exact IFSC Code INDB0001918.

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 Mumbai will provide accurate information.

How to Use IFSC Code INDB0001918 for Online Transfers?

Once you have the IFSC Code INDB0001918 for the Turner Road Bandar West branch of Indusind Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0001918. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indusind Bank IFSC Code INDB0001918.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Turner Road Bandar West in Mumbai may result in delayed or failed transactions.

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 Turner Road Bandar West, 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 Turner Road Bandar West, Mumbai?

The IFSC Code is INDB0001918.

Is the IFSC Code INDB0001918 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Indusind Bank Turner Road Bandar West?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Turner Road Bandar West branch?

The address of the branch is Shop No 02 Kripa Allure Manuel Gonsalves Road Off Turner Road Bandra W Mumbai 400050 located in Mumbai, Mumbai, 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.

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