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 Bhiwandi branch in Thane, Thane, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code INDB0000270. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Bhiwandi, Thane

Here are the main details that are associated with the IFSC Code INDB0000270 of Indusind Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0000270
Branch Bhiwandi
City Thane
District Thane
State Maharashtra
Address Indusind Bank Ltd Bhiwandi Branch Shop No12 And 3 Sneh Complex Parekh Timber Mart Compound Kaneri Agra Road Opp Krishna Complex Cts No 6347A Village Kaneri Bhiwandi Thane 421302

These details are essential not only for online banking users but also for businesses and individuals who use Indusind Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0000270 for the Bhiwandi branch of Indusind Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indusind Bank located in Bhiwandi, Thane, Maharashtra, is provided a unique IFSC like INDB0000270 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indusind Bank branch in Thane.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Thane and Thane.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Indusind Bank in Bhiwandi do not get misguided to another person.

Format of the IFSC Code INDB0000270

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 Bhiwandi in Thane.

For example, the IFSC Code INDB0000270 of Indusind Bank for the Bhiwandi branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Indusind Bank?

If you are looking for the IFSC Code INDB0000270 of Indusind Bank for its Bhiwandi branch located in Thane, the following methods can help:

Cheque Book

The cheque book that is issued by Indusind Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Indusind Bank branches in Thane and Thane, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Indusind Bank and look for the branch locator section, then search for Bhiwandi or Thane to get the exact IFSC Code INDB0000270.

Mobile Banking App

If you use Indusind Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indusind Bank and Thane, then it will provide you proper information.

How to Use IFSC Code INDB0000270 for Online Transfers?

Once you have the IFSC Code INDB0000270 for the Bhiwandi branch of Indusind Bank in Thane, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0000270. 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 INDB0000270.

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 Bhiwandi in Thane, 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 Bhiwandi, 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 Thane to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Bhiwandi, Thane?

The IFSC Code is INDB0000270.

Is the IFSC Code INDB0000270 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indusind Bank Bhiwandi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhiwandi branch?

The address of the branch is Indusind Bank Ltd Bhiwandi Branch Shop No12 And 3 Sneh Complex Parekh Timber Mart Compound Kaneri Agra Road Opp Krishna Complex Cts No 6347A Village Kaneri Bhiwandi Thane 421302 located in Thane, Thane, 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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