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 Moti Nagar Delhi branch in West Delhi, West Delhi, Delhi, 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 West Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code INDB0002167. 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, Moti Nagar Delhi, West Delhi
Here are some of the key details that come with the IFSC Code INDB0002167 of Indusind Bank for its branch located in West Delhi, within the district of West Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Indusind Bank |
| IFSC Code | INDB0002167 |
| Branch | Moti Nagar Delhi |
| City | West Delhi |
| District | West Delhi |
| State | Delhi |
| Address | Ground Floor Dlf Industrial Area Moti Nagar Delhi 110015 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indusind Bank in West Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code INDB0002167 for the Moti Nagar Delhi branch of Indusind Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like INDB0002167 is given to every bank branch, including Indusind Bank located in Moti Nagar Delhi, West Delhi, Delhi, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indusind Bank branch in West Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like West Delhi and West Delhi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Indusind Bank in Moti Nagar Delhi doesn't end up at another location.
Format of the IFSC Code INDB0002167
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 Moti Nagar Delhi in West Delhi.
For example, the IFSC Code INDB0002167 of Indusind Bank for the Moti Nagar Delhi branch includes these elements, identifying the bank and the branch location in West Delhi and Delhi correctly.
How to Find IFSC Code for Indusind Bank?
To find the IFSC Code INDB0002167 of Indusind Bank for its Moti Nagar Delhi branch located in West Delhi, 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 West Delhi and West Delhi, 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 Moti Nagar Delhi or West Delhi to find the exact IFSC Code INDB0002167.
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 West Delhi will provide accurate information.
How to Use IFSC Code INDB0002167 for Online Transfers?
Once you have the IFSC Code INDB0002167 for the Moti Nagar Delhi branch of Indusind Bank in West Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code INDB0002167. 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 INDB0002167.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indusind Bank Moti Nagar Delhi in West Delhi 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 Moti Nagar Delhi, 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 West Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is INDB0002167.
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 Ground Floor Dlf Industrial Area Moti Nagar Delhi 110015 located in West Delhi, West Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.