IFSC Code of Indusind Bank, Ppr Market Model Town Jallandhar Branch Branch, Sikkim

Below are the complete branch details for Indusind Bank, PPR MARKET MODEL TOWN JALLANDHAR BRANCH branch, located in JALLANDHAR, SIKKIM. The IFSC assigned by the Reserve Bank of India to this branch is INDB0005001. 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 INDB0005001 for Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR 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 – PPR MARKET MODEL TOWN JALLANDHAR BRANCH is INDB0005001. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 005001 map to this branch in JALLANDHAR, SIKKIM.

About Indusind Bank

Indusind Bank operates a wide network of branches across India, including the Ppr Market Model Town Jallandhar Branch branch in Jallandhar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, INDB0005001.

Ppr Market Model Town Jallandhar Branch branch overview

Located at GROUND FLOOR SILVER CROWN PLAZA PPR MARKET NEAR MODEL TOWN JALLANDHAR 144001, the Ppr Market Model Town Jallandhar 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 INDB0005001 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 PPR MARKET MODEL TOWN JALLANDHAR BRANCH of Indusind Bank — its own 11-character IFSC. The code INDB0005001 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 INDB0005001 the same way you would treat your account number — verify it once and save it carefully for future use.

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 INDB0005001 and the account number together uniquely identify the Ppr Market Model Town Jallandhar 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 INDB0005001

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 INDB0005001 across all three.

NEFT to Indusind Bank, PPR MARKET MODEL TOWN JALLANDHAR BRANCH using IFSC INDB0005001

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 INDB0005001, and confirm that the system picks up Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC INDB0005001

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 – PPR MARKET MODEL TOWN JALLANDHAR BRANCH, ensure your bank's portal accepts IFSC INDB0005001 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR BRANCH, use IMPS. With IFSC INDB0005001 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 INDB0005001 for Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR 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.

For most retail customers crediting the Ppr Market Model Town Jallandhar 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.

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 PPR MARKET MODEL TOWN JALLANDHAR BRANCH branch, the IFSC INDB0005001 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 Ppr Market Model Town Jallandhar Branch branch

Once you have an account at Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR BRANCH, the IFSC INDB0005001 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 Ppr Market Model Town Jallandhar Branch 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 INDB0005001

Online banking and IFSC INDB0005001

Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the PPR MARKET MODEL TOWN JALLANDHAR BRANCH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC INDB0005001 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Reaching the branch

The Ppr Market Model Town Jallandhar Branch branch sits at GROUND FLOOR SILVER CROWN PLAZA PPR MARKET NEAR MODEL TOWN JALLANDHAR 144001. If you are travelling from outside Jallandhar, search for the branch on a maps application using the bank name and locality, or call 181-9463069901 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 INDB0005001 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 – PPR MARKET MODEL TOWN JALLANDHAR BRANCH:

• The IFSC is exactly INDB0005001 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 PPR MARKET MODEL TOWN JALLANDHAR BRANCH 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 Ppr Market Model Town Jallandhar Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0005001, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC INDB0005001 for Indusind Bank – PPR MARKET MODEL TOWN JALLANDHAR BRANCH, 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

Frequently asked questions

Summary

The IFSC code INDB0005001 belongs to Indusind Bank's PPR MARKET MODEL TOWN JALLANDHAR BRANCH branch, located at GROUND FLOOR SILVER CROWN PLAZA PPR MARKET NEAR MODEL TOWN JALLANDHAR 144001 in JALLANDHAR, SIKKIM. 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.