Indusind Bank MAHIM

Indusind Bank – MAHIM

IFSC Code: INDB0000503

MICR Code: 400234008

Branch: MAHIM

Bank: Indusind Bank

Address: P.D.HINDUJA NATIONAL HOSPITAL , VEER SAVARKAR MARG, MAHIM, MUMBAI 400016

District: MUMBAI

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): INDB0000503

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 000503. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400234008

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.