Latest details of Ifsc: Indb0001019
INDUSIND BANK
Branch name : PHALTAN SATARA
Contact Information
Address: GROUND FLOOR CTS NO 6487 SECTOR 2 PLOT NO 12 13 LAXMINAGAR RING ROAD PHALTAN
Contact number: 220014
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.
