Below are the complete branch details for Indusind Bank, INDORE branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is INDB0000011. 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 INDB0000011 for Indusind Bank – INDORE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, INDB0000011 is the IFSC of Indusind Bank's INDORE branch. The format is fixed: INDB = bank code, 0 = reserved, 000011 = branch identifier.
Bank profile
Indusind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Indore branch — IFSC INDB0000011 — extends the bank's services to customers in and around Indore, Madhya Pradesh.
Indore branch overview
Located at INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001, the Indore branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC INDB0000011 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Indore |
| IFSC Code | INDB0000011 |
| MICR Code | Refer to cheque leaf |
| Branch Address | INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
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 INDORE branch came to be assigned the code INDB0000011.
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 INDB0000011, money simply cannot be routed to the INDORE branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Indore branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0000011 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC INDB0000011
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 INDB0000011 across all three.
NEFT to Indusind Bank, INDORE using IFSC INDB0000011
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 INDB0000011, and confirm that the system picks up Indusind Bank – INDORE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to INDORE
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's INDORE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0000011 while initiating the transfer and the credit will appear within minutes.
IMPS to Indusind Bank INDORE (IFSC INDB0000011)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0000011 in your mobile or internet banking app, and the money is credited to the INDORE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0000011 for Indusind Bank – INDORE, 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 – INDB0000011 | Yes – INDB0000011 | Yes – INDB0000011 |
For most retail customers crediting the Indore 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 INDORE branch, the IFSC INDB0000011 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.
Account types you can open at the Indore branch
Once you have an account at Indusind Bank – INDORE, the IFSC INDB0000011 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Indore branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 INDB0000011
Digital banking channels
Most day-to-day work that customers used to do at the Indore 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 INDB0000011 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.
Reaching the branch
The Indore branch sits at INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 INDB0000011 and your account number.
Common mistakes to avoid when using IFSC INDB0000011
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 – INDORE, 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:
INDB0000011. - 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.
Working hours
Branch counters at Indore 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 INDB0000011 continue to work without interruption.
Verifying IFSC INDB0000011 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 INDB0000011 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch address & contact
Indusind BankIndore Branch
INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001
Indore, Madhya Pradesh
Phone: the branch contact number
IFSC: INDB0000011
Frequently asked questions
What is the phone number of Indusind Bank Indore branch?
You can reach the branch at the branch contact number during regular banking hours.
How do I add Indusind Bank Indore as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0000011, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using INDB0000011 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Indore reflect within 30 minutes.
Can I use IFSC INDB0000011 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0000011 to send funds instantly.
Is IFSC INDB0000011 valid for NEFT and RTGS?
Yes. IFSC INDB0000011 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Indore branch but serve different purposes.
Is IFSC INDB0000011 the same for all accounts at Indore branch?
Yes. The IFSC INDB0000011 is shared by every account held at Indusind Bank's Indore branch. Only the account number changes from customer to customer.
Where is Indusind Bank Indore branch located?
Indusind Bank's Indore branch is located at INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001, Indore, Madhya Pradesh.
Summary
The IFSC code INDB0000011 belongs to Indusind Bank's INDORE branch, located at INDUSTRY HOUSE 15 AGRA MUMBAI ROAD, OLD PALASIA, INDORE - 452 001 in INDORE, MADHYA PRADESH. 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.
