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 Patan Gujarat branch in Patan, Patan, Gujarat, 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 Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code INDB0001087. 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, Patan Gujarat, Patan
The table below shows the main details of the IFSC Code INDB0001087 for the Indusind Bank branch in Patan, which falls under the Patan district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0001087 |
| Branch | Patan Gujarat |
| City | Patan |
| District | Patan |
| State | Gujarat |
| Address | Ground Floor Shop Nos G 2G 3G 4G 5 And G 6 Utsav Plaza Plot No 44 Nandan Ware Houses Village Gungadipati Patan |
These details helps users in online banking and for businesses and individuals who use Indusind Bank in Patan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001087 for the Patan Gujarat branch of Indusind Bank plays a vital 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 Patan Gujarat, Patan, Gujarat, are given a unique IFSC like INDB0001087 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Patan.
- 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 Patan and Patan.
- 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 Patan Gujarat goes to the correct branch. This is important because Indusind Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code INDB0001087
This is the format of the IFSC Code for banks, including Indusind Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Indusind Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Patan Gujarat in Patan.
For example, the IFSC Code INDB0001087 of Indusind Bank for the Patan Gujarat branch includes these elements, identifying the bank and the branch location in Patan and Gujarat accurately.
How to Find IFSC Code for Indusind Bank?
If you are looking for the IFSC Code INDB0001087 of Indusind Bank for its Patan Gujarat branch located in Patan, 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 Patan and Patan, 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 Patan Gujarat or Patan to get the exact IFSC Code INDB0001087.
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 Patan, then it will provide you proper information.
How to Use IFSC Code INDB0001087 for Online Transfers?
Once you have the IFSC Code INDB0001087 for the Patan Gujarat branch of Indusind Bank in Patan, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0001087. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indusind Bank IFSC Code INDB0001087.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indusind Bank Patan Gujarat in Patan, it can 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 Patan Gujarat, 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 Patan to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0001087.
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 Shop Nos G 2G 3G 4G 5 And G 6 Utsav Plaza Plot No 44 Nandan Ware Houses Village Gungadipati Patan located in Patan, Patan, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.