INDB0000503 IFSC Code, INDUSIND BANK, MAHIM

IFSC Code of Indusind Bank, Mahim, Maharashtra IFSC CODE & MICR CODE

INDUSIND BANK, MAHIM - INDB0000503

  • Bank name: INDUSIND BANK

Bank Address: P.d.hinduja National Hospital , Veer Savarkar Marg, Mahim, Mumbai 400016

  • IFSC Code indb0000503
  • Bank Code INDB
  • Bank name INDUSIND BANK
  • Bank contact number
  • Bank branch MAHIM
  • Bank ISO3166 Code IN-MH
  • Bank Center MUMBAI
  • MICR Code 400234008
  • State name MAHARASHTRA
  • District name MUMBAI
  • City name MUMBAI
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDUSIND BANK, MAHIM branch is INDB0000503, ensures that your transactions are directed to the correct branch.

How to Use INDB0000503 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MAHIM branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.