Indusind Bank IFSC Code INDB0001574

Indusind Bank – KUMARASWAMY LAYOUT

IFSC Code: INDB0001574

MICR Code: 560234041

Branch: KUMARASWAMY LAYOUT

Bank: Indusind Bank

Address: PREMISES BEARING NO 1615 50 FEET ROAD KUMARASWAMY LAYOUT 1ST STAGE BANGALORE 560078

District: BENGALURU

State: KARNATAKA

Contact: +918042152270

Indian Financial System Code (IFSC): INDB0001574

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 001574. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560234041

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.