The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indusind Bank for its Surat branch in Surat, Surat, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indusind Bank located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code INDB0000023. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indusind Bank, Surat, Surat
The table below shows the main details of the IFSC Code INDB0000023 for the Indusind Bank branch in Surat, which falls under the Surat district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0000023 |
| Branch | Surat |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Indusind Bank, G/2 Ground Floor, Utc Building, Udhana Darwaja, Ring Road, Surat-395002 |
These details helps users in online banking and for businesses and individuals who use Indusind Bank in Surat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000023 for the Surat 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 Surat, Surat, Gujarat, are allotted a unique IFSC like INDB0000023 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Surat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Surat and Surat.
- 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 Surat reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code INDB0000023
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 Surat in Surat.
For example, the IFSC Code INDB0000023 of Indusind Bank for the Surat branch includes these elements, identifying the bank and the branch location in Surat and Gujarat accurately.
How to Find IFSC Code for Indusind Bank?
To find the IFSC Code INDB0000023 of Indusind Bank for its Surat branch located in Surat, 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 Surat and Surat, 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 Surat or Surat to find the exact IFSC Code INDB0000023.
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 Surat will provide accurate information.
How to Use IFSC Code INDB0000023 for Online Transfers?
If you have the IFSC Code INDB0000023 for the Surat branch of Indusind Bank in Surat, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0000023. 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 INDB0000023.
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 Surat in Surat, it may 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 Surat, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0000023.
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 Indusind Bank, G/2 Ground Floor, Utc Building, Udhana Darwaja, Ring Road, Surat-395002 located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.