IndusInd Bank

IndusInd Bank IFSC code & MICR code

State wise list of IndusInd Bank IFSC code & MICR code.

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Updated On - 06 Sep 2025
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IndusInd Bank IFSC Code

Ever since it was introduced, online money transfer has simplified the lives of millions of people. In India, RBI has introduced twoonline payment methods, NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement). Both these methods have been designed to facilitate speedy and efficient transfer of funds securely which is also economical. NEFT and RTGS methods of online payment make use of a unique 11-digit code known as the IFSC or Indian Financial System Code to initiate payments. All banks which are a part of the NEFT network are assigned their own IFSC code to facilitate their customers to make and receive payments.

The IFSC is an 11 - character code which comprises a combination of alphabets and letters. The code can be broken down into three parts wherein the first four characters represent the name of the bank, the fifth character remains zero (reserved for future use) and the last six characters represent the branch code. So, for instance the IndusInd Bank IFSC code for the Barakhamba branch in New Delhi is INDB0000005. Here, the first four characters, 'INDB' represent the name of the bank i.e. IndusInd Bank, the fifth character remains 0 and the last six characters, '000005' represent the branch code.

How to Search For IndusInd Bank IFSC & MICR Codes?

If you are looking to transfer money via NEFT, RTGS or IMPS, you will need to provide your banking institution with the IFSC code of the branch where you are sending the money. For IndusInd Bank, you can find the IFSC code of any branch online or offline. The IFSC codes of every branch is printed on the cheque leaves of every chequebook issued by the bank. Alternately, if you do not have a chequebook handy, you can find the IFSC code of any IndusInd branch online at BankBazaar. All you need to do is go to the website's main page. At the bottom, you will find a tab labelled 'Bank IFSC Code'. Clicking on that will take you to another page which features four drop-down menus, asking you to choose the name of the bank you're looking for, the state and district it is located in and the specific branch. Once you have input all this information, the page will immediately display the required information for you, i.e. IFSC and MICR code for the branch, the branch address and also the contact details of the branch.

How to Transfer Money Using IndusInd Bank NEFT, RTGS and IMPS?

To facilitate quick, easy and secure money transfers, IndusInd Bank provides its customers with the facility of making online payments via NEFT, RTGS and IMPS. All three of these services involve the usage of the IFSC code for making money transfer. The code also helps in regulating the transaction by identifying the source and destination bank in the event of a transaction.

NEFT

NEFT or National Electronic Funds Transfer is one of the most popular and widely used methods of making online payments which has been introduced by the RBI. This service enables customers to transfer funds securely and quickly on a one-to-one basis. Payments are settled in hourly batches which results in a slight time lag. All banks which are a part of the NEFT network are assigned a special IFSC code which can be used by customers at the time of making an online transfer. However, unlike RTGS, NEFT is ideal for making transactions for lower amounts. IndusInd provides its customers with the facility to make their IndusInd credit card bill payments conveniently via NEFT transfer.

RTGS

Real Time Gross Settlement or RTGS is another system of fund transfer introduced by the RBI where the transfer of money or securities takes place on a real-time basis. Under RTGS, there is no waiting or delay period as the transactions are performed on a 'real time' and 'gross' basis. This means that the transactions are processed and settled as soon as they are received and settled on a one-to-one basis without being bundled or clubbed with other transactions. Transfers made via RTGS are final and irrevocable. RTGS transactions are ideal for making high-value monetary transfers which require immediate processing.

IMPS

Immediate Payment Service, also known as IMPS, is a recent addition to the suite of online payment services now available to the public. Introduced in 2010 by the NPCI, this service, like RTGS and NEFT, too facilitates the transfer of funds electronically. IMPS enables customers to access their bank accounts and also remit funds via their mobile devices. IMPS, like NEFT and RTGS also makes use of an IFSC code to transfer funds to a beneficiary's account.

About IndusInd Bank

Established in 1994, IndusInd Bank Limited is among the leading banking institutions in India. As one of the pioneering new-generation private banks to have forayed into the financial services sector, IndusInd boasts of a revenue of Rs 82.5 billion. Over the years, the bank has specialized in catering to the financial needs of a wide range of customers with an extensive range of well-appointed products and services. Currently, the bank operates on a nationwide scale with the help of a well spread-out network of over 600 branches and over 1200 ATMs.

FAQs on IndusInd Bank IFSC Code

  • What is an IFSC code?

    An IFSC code is a unique 11-digit identification code allocated to each bank branch. It is used to identify the branch of a particular bank for the purpose of electronic fund transfers

  • Who assigns the IFSC code?

    The IFSC code is assigned by the Reserve Bank of India (RBI) to each bank branch participating in the National Electronic Funds Transfer (NEFT) system.

  • How do I find my IFSC code?

    You can find your IFSC code by looking at your chequebook or bank account statement or contacting your bank. You can also find IFSC codes on RBI's website or the bank's website.  

  • How is an IFSC code used?

    The IFSC codes are used for electronic fund transfers between banks through the NEFT system or the Real Time Gross Settlement (RTGS) system. They are also used for online banking transactions and for linking a bank account to an e-wallet or other online payment system.

  • Can the IFSC code be used to transfer money to a foreign bank account?

    No, an IFSC code is specific to the Indian banking system and is used for electronic fund transfers within India.   

  • Are there any fees associated with using an IFSC code to make a bank transfer?

    There may be fees depending on the bank and the type of transfer. There may be charges for using NEFT or RTGS services.  

  • Is it possible to transfer money using an IFSC code through an ATM

    ATMs are mainly used for withdrawing cash and performing basic transactions like checking account balances and making deposits. To transfer money using an IFSC code, you will need to use an electronic fund transfer system like NEFT or RTGS, which are available through banking portals or mobile banking platforms. 

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