This page lists the IFSC code, branch address, contact number and fund-transfer information for Indusind Bank, FEROZEPUR branch in FEROZEPUR. The 11-digit IFSC INDB0001642 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indusind Bank at the FEROZEPUR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indusind Bank's FEROZEPUR branch, the IFSC INDB0001642 breaks down as follows: INDB identifies the bank, 0 is the reserved character, and 001642 identifies this particular branch.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Ferozepur |
| IFSC Code | INDB0001642 |
| MICR Code | Refer to cheque leaf |
| Branch Address | INDUSIND BANK LTD BAGDADI GATE FEROZEPUR PUNJAB 152002 |
| City | Ferozepur |
| District | Ferozepur |
| State | Punjab |
| STD Code | 1632 |
| Phone | 1632221121 |
Bank profile
Indusind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Ferozepur branch — IFSC INDB0001642 — extends the bank's services to customers in and around Ferozepur, Punjab.
About this branch
The branch is located at INDUSIND BANK LTD BAGDADI GATE FEROZEPUR PUNJAB 152002. It serves the Ferozepur 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 INDB0001642 is used to identify this branch on the RBI payments network.
Why every Indusind Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including FEROZEPUR of Indusind Bank — its own 11-character IFSC. The code INDB0001642 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC INDB0001642 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC INDB0001642
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 INDB0001642 across all three.
How to use IFSC INDB0001642 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's FEROZEPUR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC INDB0001642.
- Confirm the bank name auto-populates as Indusind Bank and the branch as FEROZEPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to FEROZEPUR
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's FEROZEPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0001642 while initiating the transfer and the credit will appear within minutes.
IMPS to Indusind Bank FEROZEPUR (IFSC INDB0001642)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0001642 in your mobile or internet banking app, and the money is credited to the FEROZEPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0001642 for Indusind Bank – FEROZEPUR, 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 – INDB0001642 | Yes – INDB0001642 | Yes – INDB0001642 |
For most retail customers crediting the Ferozepur 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 FEROZEPUR branch, the IFSC INDB0001642 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 Ferozepur branch is mapped to IFSC INDB0001642 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 INDB0001642.
Banking services available
The Ferozepur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1632-1632221121.
- 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 INDB0001642
MICR & cheque-truncation details
Cheques drawn on the Ferozepur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0001642 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Ferozepur 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 INDB0001642 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.
Common mistakes to avoid when using IFSC INDB0001642
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 – FEROZEPUR, 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:
INDB0001642. - 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.
Reaching the branch
The Ferozepur branch sits at INDUSIND BANK LTD BAGDADI GATE FEROZEPUR PUNJAB 152002. If you are travelling from outside Ferozepur, search for the branch on a maps application using the bank name and locality, or call 1632-1632221121 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC INDB0001642 and your account number.
Verifying IFSC INDB0001642 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 INDB0001642 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 1632-1632221121.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Ferozepur are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to INDB0001642 continue to work without interruption.
Branch address & contact
Indusind BankFerozepur Branch
INDUSIND BANK LTD BAGDADI GATE FEROZEPUR PUNJAB 152002
Ferozepur, Punjab
Phone: 1632-1632221121
IFSC: INDB0001642
Frequently asked questions
Can I use IFSC INDB0001642 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0001642 to send funds instantly.
Where is Indusind Bank Ferozepur branch located?
Indusind Bank's Ferozepur branch is located at INDUSIND BANK LTD BAGDADI GATE FEROZEPUR PUNJAB 152002, Ferozepur, Punjab.
How quickly will an NEFT transfer using INDB0001642 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Ferozepur reflect within 30 minutes.
Is IFSC INDB0001642 the same for all accounts at Ferozepur branch?
Yes. The IFSC INDB0001642 is shared by every account held at Indusind Bank's Ferozepur branch. Only the account number changes from customer to customer.
What is the IFSC code of Indusind Bank Ferozepur branch?
The IFSC code of Indusind Bank, Ferozepur branch is INDB0001642. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Indusind Bank Ferozepur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0001642, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: INDB0001642 is the IFSC code of Indusind Bank, FEROZEPUR branch, in FEROZEPUR, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
