Use this page as a one-stop reference for everything related to Indusind Bank's BAGHAPURANA branch in BAGHA PURANA, PUNJAB. The branch's IFSC code INDB0002383 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, INDB0002383 is the IFSC of Indusind Bank's BAGHAPURANA branch. The format is fixed: INDB = bank code, 0 = reserved, 002383 = branch identifier.
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Baghapurana branch in Bagha Purana, Punjab is part of this network and uses the IFSC code INDB0002383 for all electronic settlement.
About this branch
The branch is located at GROUND FLOOR LEFT SIDE SHOP MOGA ROAD OPP HDFC BANK BAGHAPURANA 142038 PUNJAB. It serves the Bagha Purana region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indusind Bank. The IFSC INDB0002383 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Baghapurana |
| IFSC Code | INDB0002383 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR LEFT SIDE SHOP MOGA ROAD OPP HDFC BANK BAGHAPURANA 142038 PUNJAB |
| City | Bagha Purana |
| District | Bagha Purana |
| State | Punjab |
| STD Code | 1636 |
| Phone | 294720 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indusind Bank's BAGHAPURANA branch came to be assigned the code INDB0002383.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC INDB0002383, money simply cannot be routed to the BAGHAPURANA branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indusind Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC INDB0002383 and the account number together uniquely identify the Baghapurana branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC INDB0002383
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC INDB0002383 across all three.
NEFT to Indusind Bank, BAGHAPURANA using IFSC INDB0002383
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC INDB0002383, and confirm that the system picks up Indusind Bank – BAGHAPURANA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC INDB0002383
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indusind Bank – BAGHAPURANA, ensure your bank's portal accepts IFSC INDB0002383 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indusind Bank – BAGHAPURANA, use IMPS. With IFSC INDB0002383 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0002383 for Indusind Bank – BAGHAPURANA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – INDB0002383 | Yes – INDB0002383 | Yes – INDB0002383 |
For most retail customers crediting the Baghapurana branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indusind Bank's BAGHAPURANA branch, the IFSC INDB0002383 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Baghapurana branch is mapped to IFSC INDB0002383 on the RBI payments network. The branch generally supports the full retail product catalogue of Indusind Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains INDB0002383.
Banking services available
The Baghapurana branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1636-294720.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC INDB0002383
Digital banking channels
Most day-to-day work that customers used to do at the Baghapurana branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC INDB0002383 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Baghapurana branch
The branch is located at GROUND FLOOR LEFT SIDE SHOP MOGA ROAD OPP HDFC BANK BAGHAPURANA 142038 PUNJAB, which puts it inside Bagha Purana, the broader Bagha Purana district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Indusind Bank Baghapurana branch” — the verified location pin for IFSC INDB0002383 should appear at the top of the results.
- Confirm the branch is open by calling 1636-294720 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC INDB0002383 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indusind Bank – BAGHAPURANA:
- The IFSC is exactly INDB0002383 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indusind Bank as the bank name and BAGHAPURANA as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Baghapurana branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0002383, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0002383 for Indusind Bank – BAGHAPURANA, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Indusind BankBaghapurana Branch
GROUND FLOOR LEFT SIDE SHOP MOGA ROAD OPP HDFC BANK BAGHAPURANA 142038 PUNJAB
Bagha Purana, Punjab
Phone: 1636-294720
IFSC: INDB0002383
Frequently asked questions
How quickly will an NEFT transfer using INDB0002383 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Baghapurana reflect within 30 minutes.
Can I use IFSC INDB0002383 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0002383 to send funds instantly.
Is IFSC INDB0002383 valid for NEFT and RTGS?
Yes. IFSC INDB0002383 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indusind Bank Baghapurana branch?
You can reach the branch at 1636-294720 during regular banking hours.
Is IFSC INDB0002383 the same for all accounts at Baghapurana branch?
Yes. The IFSC INDB0002383 is shared by every account held at Indusind Bank's Baghapurana branch. Only the account number changes from customer to customer.
What is the IFSC code of Indusind Bank Baghapurana branch?
The IFSC code of Indusind Bank, Baghapurana branch is INDB0002383. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Baghapurana branch but serve different purposes.
Summary
The IFSC code INDB0002383 belongs to Indusind Bank's BAGHAPURANA branch, located at GROUND FLOOR LEFT SIDE SHOP MOGA ROAD OPP HDFC BANK BAGHAPURANA 142038 PUNJAB in BAGHA PURANA, PUNJAB. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
