Indusind Bank IFSC Code
SHUJALPUR Branch, SHUJALPUR, SHUJALPUR, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for Indusind Bank, SHUJALPUR branch in SHUJALPUR, MADHYA PRADESH is INDB0000241. The MICR code for cheque clearance is 465234051.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indusind Bank
- Branch Name
- SHUJALPUR
- MICR Code
- City / District
- SHUJALPUR (SHUJALPUR)
- State
- MADHYA PRADESH
- Postal Pincode
- N/A
ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333
How to Read IFSC Code: INDB0000241
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Indusind Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Indusind Bank (INDB0000241)
What is the IFSC Code for Indusind Bank SHUJALPUR branch?
The IFSC Code for Indusind Bank SHUJALPUR branch in SHUJALPUR, MADHYA PRADESH is INDB0000241. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indusind Bank SHUJALPUR branch?
The branch is located at: ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333, SHUJALPUR, MADHYA PRADESH.
What is the MICR Code for Indusind Bank SHUJALPUR?
The MICR Code for electronic cheque clearing at Indusind Bank SHUJALPUR is 465234051.
How to decipher the IFSC code INDB0000241?
The first 4 characters 'INDB' represent Indusind Bank. The 5th character is '0' reserved for future use. The last 6 characters '000241' represent the specific SHUJALPUR branch code.
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