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 Gondal Road Rajkot branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code INDB0001387. 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, Gondal Road Rajkot, Rajkot
Here are the key points that are associated with the IFSC Code INDB0001387 of Indusind Bank for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0001387 |
| Branch | Gondal Road Rajkot |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Indusind Bank Ltsd Shop Ground Floor Shop No 0405 And 06 Jaynath Buildinggondal Road Makkam Chowk Rajkot Gujrat 360002 |
These details help users in online banking and for businesses and individuals who use Indusind Bank in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001387 for the Gondal Road Rajkot 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 Gondal Road Rajkot, Rajkot, Gujarat, are allotted a unique IFSC like INDB0001387 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Rajkot.
- 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 Gondal Road Rajkot reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code INDB0001387
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 Gondal Road Rajkot in Rajkot.
For example, the IFSC Code INDB0001387 of Indusind Bank for the Gondal Road Rajkot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for Indusind Bank?
To find the IFSC Code INDB0001387 of Indusind Bank for its Gondal Road Rajkot branch located in Rajkot, 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 Rajkot and Rajkot, 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 Gondal Road Rajkot or Rajkot to find the exact IFSC Code INDB0001387.
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 Rajkot will provide accurate information.
How to Use IFSC Code INDB0001387 for Online Transfers?
If you have the IFSC Code INDB0001387 for the Gondal Road Rajkot branch of Indusind Bank in Rajkot, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0001387. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Indusind Bank IFSC Code INDB0001387.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indusind Bank Gondal Road Rajkot in Rajkot, it may result in delayed or failed transactions.
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 Gondal Road Rajkot, 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 Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0001387.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Indusind Bank Ltsd Shop Ground Floor Shop No 0405 And 06 Jaynath Buildinggondal Road Makkam Chowk Rajkot Gujrat 360002 located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.