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 Kondhwa Khurd branch in Pune, Pune, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code INDB0000173. 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, Kondhwa Khurd, Pune
Below in the table are the key details related to IFSC Code INDB0000173 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 | INDB0000173 |
| Branch | Kondhwa Khurd |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Ground Floor, S. No.1-A (Part), Aditya Business Centre, Nibm Road, Kondhwa Khurd, Pune ┬Û 411 048 |
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 INDB0000173 for the Kondhwa Khurd 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 provided by the Reserve Bank of India. Every bank branch, along with Indusind Bank located in Kondhwa Khurd, Pune, Maharashtra, are allotted a unique IFSC like INDB0000173 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indusind Bank in Kondhwa Khurd reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code INDB0000173
The format of the IFSC Code for banks, including Indusind Bank, has 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 Kondhwa Khurd in Pune.
For example, the IFSC Code INDB0000173 of Indusind Bank for the Kondhwa Khurd branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Indusind Bank?
If you are trying to find the IFSC Code INDB0000173 of Indusind Bank for its Kondhwa Khurd 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
Most banks, including Indusind Bank branches in Pune and Pune, print the IFSC and MICR codes 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 Kondhwa Khurd or Pune to get the exact IFSC Code INDB0000173.
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 INDB0000173 for Online Transfers?
Once you have the IFSC Code INDB0000173 for the Kondhwa Khurd branch of Indusind Bank in Pune, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0000173. 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 INDB0000173.
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 Kondhwa Khurd in Pune, 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 Kondhwa Khurd, 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 Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kondhwa Khurd Pune branch is INDB0000173.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, S. No.1-A (Part), Aditya Business Centre, Nibm Road, Kondhwa Khurd, Pune ┬Û 411 048.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.