INDUSIND BANK IFSC CODE MAHIM MUMBAI

Bank Name INDUSIND BANK
State MAHARASHTRA
District MUMBAI
Branch MAHIM
IFSC INDB0000503 used in NEFT and RTGS fund tramsfer
MICR 400234008
Address P.D.HINDUJA NATIONAL HOSPITAL , VEER SAVARKAR MARG, MAHIM, MUMBAI 400016
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INDUSIND BANK IFSC, MICR, Address in MAHARASHTRA, MUMBAI District, MAHIM Branch

The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems. It is assigned by the Reserve Bank of India (RBI) to every bank branch that handles these transactions.

What is the IFSC Code of INDUSIND BANK MAHIM Branch?

The IFSC code of INDUSIND BANK MAHIM Branch is INDB0000503. Here is the breakdown of the code:

  • The first four characters (INDB) represent the bank code for INDUSIND BANK.
  • The fifth character is always zero (0), reserved for future use.
  • The last six characters (000503) identify the specific branch of the bank

How to Find the IFSC Code of INDUSIND BANK MAHIM Branch?

There are several ways to find the IFSC code of INDUSIND BANK MAHIM Branch:

  1. Visit the official website of INDUSIND BANK and search for the IFSC code using the branch locator tool.
  2. Check your INDUSIND BANK passbook or account statement, where the IFSC code of the branch is usually printed.
  3. Contact the customer care of INDUSIND BANK and ask for the IFSC code of the MAHIM branch.

Why is the IFSC Code of INDUSIND BANK MAHIM Branch Important?

The IFSC code of INDUSIND BANK MAHIM Branch is crucial for making electronic fund transfers, including NEFT, RTGS, and IMPS. The code ensures that the funds are transferred to the correct branch of the bank and the right account holder. Without the IFSC code, the transaction may be delayed or even fail.


Frequently Asked Questions

Here are some frequently asked questions about the INDUSIND BANK MAHIM branch IFSC code:

What is an IFSC code?

An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code that identifies a particular bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.


How many characters are there in the INDUSIND BANK MAHIM branch IFSC code?

The INDUSIND BANK MAHIM branch IFSC code consists of 11 characters


What is the format of the INDUSIND BANK MAHIM branch IFSC code?

The format of the INDUSIND BANK MAHIM branch IFSC code is as follows: INDBXXXXXXX, where the first four characters represent the bank code, the fifth character is a zero, and the last six characters identify the branch


Why is the INDUSIND BANK MAHIM branch IFSC code important?

The INDUSIND BANK MAHIM branch IFSC code is important because it is used to transfer funds between banks through the NEFT system. Without the correct IFSC code, your transaction may fail, and your funds may not reach the intended recipient


How can I find the INDUSIND BANK MAHIM branch IFSC code?

You can find the INDUSIND BANK MAHIM branch IFSC code on the official INDUSIND BANK website, on your bank account passbook, cheque book, or account statement


Can I transfer funds using the INDUSIND BANK MAHIM branch IFSC code?

Yes, you can transfer funds using the INDUSIND BANK MAHIM branch IFSC code through the NEFT system. You need to log in to your online banking account, select the NEFT transfer option, enter the beneficiary's details, including their bank account number and IFSC code, and authorize the transaction.


Is it safe to use the INDUSIND BANK MAHIM branch IFSC code for online transactions?

Yes, it is safe to use the INDUSIND BANK MAHIM branch IFSC code for online transactions. The NEFT system is a secure and reliable way to transfer funds between banks.

List of Other Branches of INDUSIND BANK, MUMBAI District, MAHARASHTRA