This page lists the IFSC code, branch address, contact number and fund-transfer information for Indusind Bank, LATUR branch in LATUR. The 11-digit IFSC INDB0002148 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 LATUR 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.
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, INDB0002148 is the IFSC of Indusind Bank's LATUR branch. The format is fixed: INDB = bank code, 0 = reserved, 002148 = branch identifier.
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Latur branch in Latur, Maharashtra is part of this network and uses the IFSC code INDB0002148 for all electronic settlement.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Latur |
| IFSC Code | INDB0002148 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR MAHARASHTRA 413512 |
| City | Latur |
| District | Latur |
| State | Maharashtra |
| STD Code | 2382 |
| Phone | 249151 |
Latur branch overview
Located at GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR MAHARASHTRA 413512, the Latur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC INDB0002148 is required for all interbank electronic transfers routed through this branch.
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 LATUR branch came to be assigned the code INDB0002148.
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 INDB0002148, money simply cannot be routed to the LATUR branch electronically.
Products and account variants supported
Every account opened at the Latur branch is mapped to IFSC INDB0002148 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 INDB0002148.
Products and services
Customers walking into the Latur 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 INDB0002148
How to transfer money using IFSC INDB0002148
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 INDB0002148 across all three.
NEFT to Indusind Bank, LATUR using IFSC INDB0002148
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 INDB0002148, and confirm that the system picks up Indusind Bank – LATUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to LATUR
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's LATUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0002148 while initiating the transfer and the credit will appear within minutes.
IMPS to Indusind Bank LATUR (IFSC INDB0002148)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0002148 in your mobile or internet banking app, and the money is credited to the LATUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0002148 for Indusind Bank – LATUR, 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 – INDB0002148 | Yes – INDB0002148 | Yes – INDB0002148 |
For most retail customers crediting the Latur 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 LATUR branch, the IFSC INDB0002148 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.
Digital banking channels
Most day-to-day work that customers used to do at the Latur 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 INDB0002148 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.
MICR & cheque-truncation details
Cheques drawn on the Latur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0002148 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – LATUR:
- The IFSC is exactly INDB0002148 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 LATUR 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.
Reaching the branch
The Latur branch sits at GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR MAHARASHTRA 413512. If you are travelling from outside Latur, search for the branch on a maps application using the bank name and locality, or call 2382-249151 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 INDB0002148 and your account number.
Verifying IFSC INDB0002148 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 INDB0002148 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2382-249151.
- Visiting the bank's official branch locator page.
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 Latur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0002148, however, work 24x7.
Branch address & contact
Indusind BankLatur Branch
GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR MAHARASHTRA 413512
Latur, Maharashtra
Phone: 2382-249151
IFSC: INDB0002148
Frequently asked questions
How quickly will an NEFT transfer using INDB0002148 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Latur reflect within 30 minutes.
Where is Indusind Bank Latur branch located?
Indusind Bank's Latur branch is located at GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR MAHARASHTRA 413512, Latur, Maharashtra.
Is IFSC INDB0002148 the same for all accounts at Latur branch?
Yes. The IFSC INDB0002148 is shared by every account held at Indusind Bank's Latur branch. Only the account number changes from customer to customer.
Is IFSC INDB0002148 valid for NEFT and RTGS?
Yes. IFSC INDB0002148 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Indusind Bank Latur branch?
The IFSC code of Indusind Bank, Latur branch is INDB0002148. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
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 Latur branch but serve different purposes.
What is the phone number of Indusind Bank Latur branch?
You can reach the branch at 2382-249151 during regular banking hours.
Summary
The IFSC code INDB0002148 belongs to Indusind Bank's LATUR branch, located at GROUND FIRST FLOOR SHALIGRAM BUILDING CTS NO 3425 KAMDAR ROAD LATUR… in LATUR, MAHARASHTRA. 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.
