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 Manpada Thane 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 INDB0001920. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Manpada Thane, Thane

Here are some of the key details that come with the IFSC Code INDB0001920 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 INDB0001920
Branch Manpada Thane
City Thane
District Thane
State Maharashtra
Address Ground& Mezz Floors Dosti Imperia Thane Ghodbunder Road Manpada Thane West 400607

These details are important not only for users using online banking but also for businesses and individuals who use Indusind Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code INDB0001920 for the Manpada Thane branch of Indusind Bank is vital.

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 Manpada Thane, Thane, Maharashtra, is provided a unique IFSC like INDB0001920 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 Manpada Thane do not get misguided to another person.

Format of the IFSC Code INDB0001920

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 Manpada Thane in Thane.

For example, the IFSC Code INDB0001920 of Indusind Bank for the Manpada Thane branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for Indusind Bank?

To find the IFSC Code INDB0001920 of Indusind Bank for its Manpada Thane branch located in Thane, 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 Thane and Thane, 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 Manpada Thane or Thane to find the exact IFSC Code INDB0001920.

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 Thane will provide accurate information.

How to Use IFSC Code INDB0001920 for Online Transfers?

Once you have the IFSC Code INDB0001920 for the Manpada Thane branch of Indusind Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0001920. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indusind Bank IFSC Code INDB0001920.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Manpada Thane in Thane 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 Manpada Thane, 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 Manpada Thane Thane?

The IFSC Code of the Manpada Thane Thane branch is INDB0001920.

Is IFSC Code INDB0001920 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Indusind Bank Manpada Thane branch?

The branch is located at Ground& Mezz Floors Dosti Imperia Thane Ghodbunder Road Manpada Thane West 400607.

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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