IndusInd Bank IFSC code

Read it off a document; do not reason it out. IndusInd’s six digits carry no geography — INDB0000001 is in Mumbai, INDB0000002 in Pune — so branch name and city tell you nothing.

1. 1

   Ask the account holder

   The code in their IndusInd app or passbook maps to their account’s home branch, not the one they visit.

2. 2

   Use IndusInd’s own Locate Us tool

   The bank’s locator returns branches with an address and, where published, an IFSC.

3. 3

   Cross-check against the RBI

   The Reserve Bank publishes an IFSC and MICR directory searchable by bank name.

4. 4

   Search the branch table below

   Every code indexed here has a page with its branch and city, plus a MICR where one is published.

The Reserve Bank’s definition: an IFSC “uniquely identifies a bank-branch participating in the NEFT system… It is a 11-digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero).”

INDB

Bank code — identical on every IndusInd code

0

Always the digit zero, never the letter O

000001

Branch — Opera House, IndusInd House, Mumbai 400 004

Of the 2,301 IndusInd codes indexed here, 2,165 are INDB0 plus six digits, running from INDB0000001 to INDB0005018 with gaps. The leading zeros are part of the code, so a spreadsheet that trims INDB0000784 to INDB0784 has broken it.

The other 136 codes catch people out. Instead of six digits they carry a letter prefix and a serial, and the branch name attached belongs to somebody else. They fall into 26 prefix groups, and 109 of them name another institution outright — mostly urban co-operative banks in Karnataka, plus one labelled Doha Bank QSC.

Read the branch label, not the INDB prefix. If it names a co-operative bank, that is where the account sits and the code is still the one to use — what you must not do is swap in an IndusInd branch of the same city.

Domestic transfers route on the beneficiary’s branch IFSC — the RBI lists “The IFSC number of the receiving branch” among the details you must give your bank for RTGS. Which rail a payment takes comes down to the amount.

Cost rarely decides it. The RBI advised banks “to not levy any charges from their savings bank account holders for NEFT funds transfers initiated online with effect from January 01, 2020”. IndusInd agrees: as published August 2026, its online savings accounts pay nothing for NEFT or RTGS through net or mobile banking. At a branch counter NEFT is nil up to ₹50,000, then ₹4, ₹14 and ₹24 in bands above; RTGS is ₹20 from ₹2 lakh to ₹5 lakh and ₹45 over that, before GST.

An IFSC will not bring money into India — it is a domestic routing code. A wire needs IndusInd’s SWIFT code, INDBINBBXXX; the sample instruction IndusInd publishes for overseas banks has no IFSC field at all.

• INDBINBBXXX goes in field 57A, the beneficiary’s IndusInd account number in field 59, and the purpose of remittance in field 70 or 72.
• IndusInd asks senders to mark charges “OUR” in field 71; its correspondent network numbers more than 250 banks.
• Seventeen currencies are accepted, with a ₹50 foreign currency conversion charge, inclusive of service tax, deducted from the amount paid to the beneficiary.
• Funding an FCNR deposit? Write “FCNR FD” as the purpose, or the money is converted to rupees on arrival.

IndusInd says payment is processed within 24 banking hours after the funds reach its account.

A failed NEFT comes back. RBI rules require the destination bank to return a transaction it cannot credit “within two hours of completion of the batch in which the transaction was processed”. If nothing was credited and nothing returned, look at the instruction.

1. 01Count the characters: an IFSC is exactly eleven, and INDB0 uses the digit zero, not the letter O.
2. 02Restore leading zeros a spreadsheet stripped, and check the account number for the same damage.
3. 03If the branch label names a co-operative bank, confirm with the beneficiary that it is really their bank.
4. 04Nothing credited and nothing returned after the batch window? Quote the transaction reference to the sending bank.