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IFSC Code of Indusind Bank, Shalimar Bagh New Delhi, New Delhi, Delhi — INDB0001089

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indusind Bank for its Shalimar Bagh New Delhi branch in New Delhi, New Delhi, Delhi, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Indusind Bank located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code INDB0001089. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Shalimar Bagh New Delhi, New Delhi

Here are some of the key details that come with the IFSC Code INDB0001089 of Indusind Bank for its branch located in New Delhi, within the district of New Delhi in the state of Delhi.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001089
Branch Shalimar Bagh New Delhi
City New Delhi
District New Delhi
State Delhi
Address Ground Floor Property No 07 Block Bt Shalimar Bagh New Delhi

These details help users in online banking and for businesses and individuals who use Indusind Bank in New Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001089 for the Shalimar Bagh New Delhi 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 Shalimar Bagh New Delhi, New Delhi, Delhi, are given a unique IFSC like INDB0001089 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in New Delhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like New Delhi and New Delhi.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Indusind Bank in Shalimar Bagh New Delhi goes to the correct branch. This is important because Indusind Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code INDB0001089

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 Shalimar Bagh New Delhi in New Delhi.

For example, the IFSC Code INDB0001089 of Indusind Bank for the Shalimar Bagh New Delhi branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.

How to Find IFSC Code for Indusind Bank?

To find the IFSC Code INDB0001089 of Indusind Bank for its Shalimar Bagh New Delhi branch located in New Delhi, 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 New Delhi and New Delhi, 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 Shalimar Bagh New Delhi or New Delhi to find the exact IFSC Code INDB0001089.

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 New Delhi will provide accurate information.

How to Use IFSC Code INDB0001089 for Online Transfers?

Once you have the IFSC Code INDB0001089 for the Shalimar Bagh New Delhi branch of Indusind Bank in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code INDB0001089. 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 INDB0001089.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indusind Bank in Shalimar Bagh New Delhi, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in New Delhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Shalimar Bagh New Delhi, New Delhi?

The IFSC Code is INDB0001089.

Is the IFSC Code INDB0001089 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 Shalimar Bagh New Delhi?

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 Shalimar Bagh New Delhi branch?

The address of the branch is Ground Floor Property No 07 Block Bt Shalimar Bagh New Delhi located in New Delhi, New Delhi, Delhi.

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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