INDB0TCBL05 IFSC Code, INDUSIND BANK, MAGADI ROAD BRANCH

IFSC Code of Indusind Bank, Magadi Road Branch, Karnataka IFSC CODE & MICR CODE

INDUSIND BANK, MAGADI ROAD BRANCH - INDB0TCBL05

  • Bank name: INDUSIND BANK

Bank Address: No 38/1 Magadi Main Road Near Anjan Theatre Bangalore 560023

  • IFSC Code indb0tcbl05
  • Bank Code INDB
  • Bank name INDUSIND BANK
  • Bank contact number +918023389481
  • Bank branch MAGADI ROAD BRANCH
  • Bank ISO3166 Code IN-KA
  • Bank Center BANGALORE
  • MICR Code 560260005
  • State name KARNATAKA
  • District name BANGALORE
  • City name BANGALORE
  • 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, MAGADI ROAD BRANCH branch is INDB0TCBL05, ensures that your transactions are directed to the correct branch.

How to Use INDB0TCBL05 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 MAGADI ROAD BRANCH 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.