Latest details of Ifsc: Indb0000891
INDUSIND BANK
Branch name : MADHA
Contact Information
Address: GROUND AND FIRST FLOOR GP NO 1015 SHUKRAWAR PETH MADHA 414209 DIST SOLAPUR MAHARASHTRA
Contact number: 235100
Bank Details
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
