Below are the complete branch details for Indusind Bank, SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH branch, located in BANGALORE, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is INDB0SBMC02. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case INDB0SBMC02 for Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH is INDB0SBMC02. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters SBMC02 map to this branch in BANGALORE, KARNATAKA.
Bank profile
Indusind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch — IFSC INDB0SBMC02 — extends the bank's services to customers in and around Bangalore, Karnataka.
Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch overview
Located at NO 160 RAASHI COMPLEX 2ND BLOCK 2ND STAGE BANGALORE 560072, the Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC INDB0SBMC02 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch |
| IFSC Code | INDB0SBMC02 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 160 RAASHI COMPLEX 2ND BLOCK 2ND STAGE BANGALORE 560072 |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| STD Code | 80 |
| Phone | 22290810 |
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 SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH branch came to be assigned the code INDB0SBMC02.
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 INDB0SBMC02, money simply cannot be routed to the SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH 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 INDB0SBMC02 and the account number together uniquely identify the Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC INDB0SBMC02
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 INDB0SBMC02 across all three.
NEFT to Indusind Bank, SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH using IFSC INDB0SBMC02
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 INDB0SBMC02, and confirm that the system picks up Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0SBMC02 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH, use IMPS. With IFSC INDB0SBMC02 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 INDB0SBMC02 for Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH, 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 – INDB0SBMC02 | Yes – INDB0SBMC02 | Yes – INDB0SBMC02 |
For most retail customers crediting the Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch 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.
UPI payments and IFSC INDB0SBMC02
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH is still mapped to IFSC INDB0SBMC02. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC INDB0SBMC02 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch is mapped to IFSC INDB0SBMC02 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 INDB0SBMC02.
Banking services available
The Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 80-22290810.
- 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 INDB0SBMC02
Digital banking channels
Most day-to-day work that customers used to do at the Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch 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 INDB0SBMC02 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 Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch
The branch is located at NO 160 RAASHI COMPLEX 2ND BLOCK 2ND STAGE BANGALORE 560072, which puts it inside Bangalore, the broader Bangalore district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Indusind Bank Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch” — the verified location pin for IFSC INDB0SBMC02 should appear at the top of the results.
- Confirm the branch is open by calling 80-22290810 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 INDB0SBMC02 and your account number.
Common mistakes to avoid when using IFSC INDB0SBMC02
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indusind Bank – SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
INDB0SBMC02. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
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 Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0SBMC02, however, work 24x7.
Verifying IFSC INDB0SBMC02 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm INDB0SBMC02 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 80-22290810.
- Visiting the bank's official branch locator page.
Branch address & contact
Indusind BankSree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch Branch
NO 160 RAASHI COMPLEX 2ND BLOCK 2ND STAGE BANGALORE 560072
Bangalore, Karnataka
Phone: 80-22290810
IFSC: INDB0SBMC02
Frequently asked questions
Is IFSC INDB0SBMC02 the same for all accounts at Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch?
Yes. The IFSC INDB0SBMC02 is shared by every account held at Indusind Bank's Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch. Only the account number changes from customer to customer.
Does Indusind Bank Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 80-22290810 to confirm.
Is IFSC INDB0SBMC02 valid for NEFT and RTGS?
Yes. IFSC INDB0SBMC02 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indusind Bank Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0SBMC02, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch branch but serve different purposes.
Can I use IFSC INDB0SBMC02 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0SBMC02 to send funds instantly.
How quickly will an NEFT transfer using INDB0SBMC02 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Sree Banashankari Mahila Co-Op Bank, Nagarbhavi Branch reflect within 30 minutes.
Summary
The IFSC code INDB0SBMC02 belongs to Indusind Bank's SREE BANASHANKARI MAHILA CO-OP BANK, NAGARBHAVI BRANCH branch, located at NO 160 RAASHI COMPLEX 2ND BLOCK 2ND STAGE BANGALORE 560072 in BANGALORE, KARNATAKA. 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.


