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IFSC Code of Indusind Bank, Bhandarkar Road Pune, Pune, Maharashtra — INDB0000746

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 Bhandarkar Road Pune branch in Pune, Pune, 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 Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code INDB0000746. 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, Bhandarkar Road Pune, Pune

Below in the table are the key details related to IFSC Code INDB0000746 of Indusind Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0000746
Branch Bhandarkar Road Pune
City Pune
District Pune
State Maharashtra
Address Plot No 148A Bilwakunj Apartment Nr Bhandarkar Institute Bhandarkar Road Pune 411004 Maharashtra

These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000746 for the Bhandarkar Road Pune 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 that is provided by the Reserve Bank of India. A unique IFSC like INDB0000746 is given to every bank branch, including Indusind Bank located in Bhandarkar Road Pune, Pune, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Indusind Bank branch in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Pune and Pune.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Indusind Bank in Bhandarkar Road Pune doesn't end up at another location.

Format of the IFSC Code INDB0000746

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 Bhandarkar Road Pune in Pune.

For example, the IFSC Code INDB0000746 of Indusind Bank for the Bhandarkar Road Pune branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Indusind Bank?

If you are trying to find the IFSC Code INDB0000746 of Indusind Bank for its Bhandarkar Road Pune branch located in Pune, the following methods can help:

Cheque Book

The cheque book issued by Indusind Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Indusind Bank branches in Pune and Pune, print them on the first page of your passbook.

Bank Website

Visit the official website of Indusind Bank and navigate to the branch locator section. Search for Bhandarkar Road Pune or Pune to get the exact IFSC Code INDB0000746.

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 keeps an updated list of all IFSC codes. If you search for Indusind Bank and Pune, you'll get the correct details.

How to Use IFSC Code INDB0000746 for Online Transfers?

Once you have the IFSC Code INDB0000746 for the Bhandarkar Road Pune branch of Indusind Bank in Pune, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code INDB0000746. 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 INDB0000746.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank Bhandarkar Road Pune Pune?

The IFSC Code of the Bhandarkar Road Pune Pune branch is INDB0000746.

Is IFSC Code INDB0000746 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indusind Bank Bhandarkar Road Pune branch?

The branch is located at Plot No 148A Bilwakunj Apartment Nr Bhandarkar Institute Bhandarkar Road Pune 411004 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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