Latest details of Ifsc: Indb0001589

INDUSIND BANK

Branch name : MATHIKERE

Contact Information

Address: PREMISES BEARING NO14 11TH MAINGOKUL 1ST STAGE 1ST PHASE PRANAV COMPLEX MATHIKERE BENGALURU 560054

Contact number: 8043940990

Bank Details

IFSC Code: INDB0001589

City: BENGALURU

District: BENGALURU

State: KARNATAKA

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.

IFSC and MICR code sample on bank cheque