Indusind Bank IFSC Code INDB0001589

Indusind Bank – ├╜MATHIKERE

IFSC Code: INDB0001589

MICR Code: 560234042

Branch: ├╜MATHIKERE

Bank: Indusind Bank

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

District: BENGALURU

State: KARNATAKA

Contact: +918043940990

Indian Financial System Code (IFSC): INDB0001589

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 001589. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560234042

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.