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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indusind Bank for its Kharghar branch in Raigad, Panvel, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Indusind Bank located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code INDB0000358. 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, Kharghar, Raigad
The table below shows the main details of the IFSC Code INDB0000358 for the Indusind Bank branch in Raigad, which falls under the Panvel district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0000358 |
| Branch | Kharghar |
| City | Raigad |
| District | Panvel |
| State | Maharashtra |
| Address | 55, Sector-7, Plot No. 15 & 17, Kharghar, Navi Mumbai 410 210 |
These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Raigad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000358 for the Kharghar 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 Kharghar, Raigad, Maharashtra, are allotted a unique IFSC like INDB0000358 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raigad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raigad and Panvel.
- 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 Kharghar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code INDB0000358
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 Kharghar in Raigad.
For example, the IFSC Code INDB0000358 of Indusind Bank for the Kharghar branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for Indusind Bank?
If you are trying to find the IFSC Code INDB0000358 of Indusind Bank for its Kharghar branch located in Raigad, 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 Raigad and Panvel, 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 Kharghar or Raigad to get the exact IFSC Code INDB0000358.
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 Raigad, you'll get the correct details.
How to Use IFSC Code INDB0000358 for Online Transfers?
Once you have the IFSC Code INDB0000358 for the Kharghar branch of Indusind Bank in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code INDB0000358. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 INDB0000358.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indusind Bank Kharghar in Raigad, your payment can get delayed or might not go through at all.
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 Kharghar, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0000358.
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 55, Sector-7, Plot No. 15 & 17, Kharghar, Navi Mumbai 410 210 located in Raigad, Panvel, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.