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 Tumkur branch in Tumkuru, Tumkuru, Karnataka, 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 Tumkuru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code INDB0001517. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Indusind Bank, Tumkur, Tumkuru

Here are some of the key details that come with the IFSC Code INDB0001517 of Indusind Bank for its branch located in Tumkuru, within the district of Tumkuru in the state of Karnataka.

Particulars Details
Bank Indusind Bank
IFSC Code INDB0001517
Branch Tumkur
City Tumkuru
District Tumkuru
State Karnataka
Address Ground Floor Pid No 2139 Khata No 1112 872 Radhakrishna Road Someshwara Extension Tumkuru 572102

These details helps users in online banking and for businesses and individuals who use Indusind Bank in Tumkuru for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0001517 for the Tumkur branch of Indusind Bank plays a vital 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 Tumkur, Tumkuru, Karnataka, is provided a unique IFSC like INDB0001517 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indusind Bank branch in Tumkuru.
  • 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 Tumkuru and Tumkuru.
  • 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Indusind Bank in Tumkur do not get misguided to another person.

Format of the IFSC Code INDB0001517

This is the format of the IFSC Code for banks, including Indusind Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indusind Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Tumkur in Tumkuru.

For example, the IFSC Code INDB0001517 of Indusind Bank for the Tumkur branch includes these elements, identifying the bank and the branch location in Tumkuru and Karnataka accurately.

How to Find IFSC Code for Indusind Bank?

If you are trying to find the IFSC Code INDB0001517 of Indusind Bank for its Tumkur branch located in Tumkuru, 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

You can easily find the IFSC and MICR codes because most banks, including Indusind Bank branches in Tumkuru and Tumkuru, print them 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 Tumkur or Tumkuru to get the exact IFSC Code INDB0001517.

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 Tumkuru, you'll get the correct details.

How to Use IFSC Code INDB0001517 for Online Transfers?

Once you have the IFSC Code INDB0001517 for the Tumkur branch of Indusind Bank in Tumkuru, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code INDB0001517. 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 INDB0001517.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Tumkur in Tumkuru 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 Tumkur, 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 Tumkuru to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indusind Bank in Tumkur, Tumkuru?

The IFSC Code is INDB0001517.

Is the IFSC Code INDB0001517 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tumkur branch?

The address of the branch is Ground Floor Pid No 2139 Khata No 1112 872 Radhakrishna Road Someshwara Extension Tumkuru 572102 located in Tumkuru, Tumkuru, Karnataka.

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.