Indusind Bank IFSC Code INDB0000691

Indusind Bank – BOLWAD

IFSC Code: INDB0000691

MICR Code: 416234512

Branch: BOLWAD

Bank: Indusind Bank

Address: GR FLR BOLWAD SEVA SAHAKARI SOCIETY LTD VILLAGE BOLWAD TEHSIL MIRAJ DIST SANGLI MAHARASHTRA 416410

District: SANGLI

State: MAHARASHTRA

Contact: +912332258005

Indian Financial System Code (IFSC): INDB0000691

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 000691. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416234512

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.