If you are searching for the IFSC code of Indusind Bank, JAGRAON branch in JAGRAON, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is INDB0000816. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the JAGRAON branch, and detailed step-by-step guides for using the IFSC INDB0000816 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – JAGRAON is INDB0000816. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000816 map to this branch in JAGRAON, PUNJAB.
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Jagraon branch in Jagraon, Punjab is part of this network and uses the IFSC code INDB0000816 for all electronic settlement.
About the Jagraon branch
The Jagraon branch of Indusind Bank is situated at GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code INDB0000816 is used.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Jagraon |
| IFSC Code | INDB0000816 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB |
| City | Jagraon |
| District | Ludhiana |
| State | Punjab |
| STD Code | 1624 |
| Phone | 220226 |
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 JAGRAON branch came to be assigned the code INDB0000816.
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 INDB0000816, money simply cannot be routed to the JAGRAON 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 INDB0000816 and the account number together uniquely identify the Jagraon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC INDB0000816
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 INDB0000816 across all three.
How to use IFSC INDB0000816 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's JAGRAON 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 INDB0000816.
- Confirm the bank name auto-populates as Indusind Bank and the branch as JAGRAON.
- 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 JAGRAON
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's JAGRAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0000816 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 – JAGRAON, use IMPS. With IFSC INDB0000816 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Jagraon
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC INDB0000816:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at JAGRAON is still linked to IFSC INDB0000816.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC INDB0000816
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 – JAGRAON is still mapped to IFSC INDB0000816. 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 INDB0000816 and the beneficiary's account number to complete the transfer.
Account types you can open at the Jagraon branch
Once you have an account at Indusind Bank – JAGRAON, the IFSC INDB0000816 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.
Products and services
Customers walking into the Jagraon branch can access most of Indusind Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC INDB0000816
Digital banking channels
Most day-to-day work that customers used to do at the Jagraon 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 INDB0000816 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 Jagraon branch
The branch is located at GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB, which puts it inside Jagraon, the broader Ludhiana district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Indusind Bank Jagraon branch” — the verified location pin for IFSC INDB0000816 should appear at the top of the results.
- Confirm the branch is open by calling 1624-220226 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 INDB0000816 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 – JAGRAON:
- The IFSC is exactly INDB0000816 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 JAGRAON 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 Jagraon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0000816, however, work 24x7.
Verifying IFSC INDB0000816 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 INDB0000816 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 1624-220226.
- Visiting the bank's official branch locator page.
Branch address & contact
Indusind BankJagraon Branch
GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB
Jagraon, Punjab
Phone: 1624-220226
IFSC: INDB0000816
Frequently asked questions
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 Jagraon branch but serve different purposes.
What is the phone number of Indusind Bank Jagraon branch?
You can reach the branch at 1624-220226 during regular banking hours.
How quickly will an NEFT transfer using INDB0000816 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Jagraon reflect within 30 minutes.
Is IFSC INDB0000816 valid for NEFT and RTGS?
Yes. IFSC INDB0000816 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC INDB0000816 the same for all accounts at Jagraon branch?
Yes. The IFSC INDB0000816 is shared by every account held at Indusind Bank's Jagraon branch. Only the account number changes from customer to customer.
Where is Indusind Bank Jagraon branch located?
Indusind Bank's Jagraon branch is located at GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB, Jagraon, Punjab.
Final notes
To recap: INDB0000816 is the IFSC code of Indusind Bank, JAGRAON branch, in JAGRAON, 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.
