Use this page as a one-stop reference for everything related to Indusind Bank's MARAIGUDA branch in MARAIGUDA, CHHATTISGARH. The branch's IFSC code INDB0001698 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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, INDB0001698 is the IFSC of Indusind Bank's MARAIGUDA branch. The format is fixed: INDB = bank code, 0 = reserved, 001698 = branch identifier.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Maraiguda |
| IFSC Code | INDB0001698 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR MARAIGUDA PO GOLAPALLI TEHSIL KONTA DISTRICT SUKMA CHHATTISGARH PIN 494114 |
| City | Maraiguda |
| District | Sukma |
| State | Chhattisgarh |
| STD Code | 94 |
| Phone | 9425590756 |
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Maraiguda branch in Maraiguda, Chhattisgarh is part of this network and uses the IFSC code INDB0001698 for all electronic settlement.
Maraiguda branch overview
Located at GROUND FLOOR MARAIGUDA PO GOLAPALLI TEHSIL KONTA DISTRICT SUKMA CHHATTISGARH PIN 494114, the Maraiguda branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC INDB0001698 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 MARAIGUDA branch came to be assigned the code INDB0001698.
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 INDB0001698, money simply cannot be routed to the MARAIGUDA branch electronically.
How to transfer money using IFSC INDB0001698
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 INDB0001698 across all three.
How to use IFSC INDB0001698 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's MARAIGUDA 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 INDB0001698.
- Confirm the bank name auto-populates as Indusind Bank and the branch as MARAIGUDA.
- 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 MARAIGUDA
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's MARAIGUDA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0001698 while initiating the transfer and the credit will appear within minutes.
IMPS to Indusind Bank MARAIGUDA (IFSC INDB0001698)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0001698 in your mobile or internet banking app, and the money is credited to the MARAIGUDA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Maraiguda
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 INDB0001698:
- 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 MARAIGUDA is still linked to IFSC INDB0001698.
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.
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 MARAIGUDA branch, the IFSC INDB0001698 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 Maraiguda branch is mapped to IFSC INDB0001698 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 INDB0001698.
Products and services
Customers walking into the Maraiguda 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 INDB0001698
MICR & cheque-truncation details
Cheques drawn on the Maraiguda branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0001698 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 Maraiguda 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 INDB0001698 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 INDB0001698
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 – MARAIGUDA, 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:
INDB0001698. - 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 Maraiguda branch sits at GROUND FLOOR MARAIGUDA PO GOLAPALLI TEHSIL KONTA DISTRICT SUKMA CHHATTISGARH PIN 494114. If you are travelling from outside Maraiguda, search for the branch on a maps application using the bank name and locality, or call 94-9425590756 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 INDB0001698 and your account number.
Verifying IFSC INDB0001698 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 INDB0001698 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 94-9425590756.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Maraiguda 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 INDB0001698 continue to work without interruption.
Branch address & contact
Indusind BankMaraiguda Branch
GROUND FLOOR MARAIGUDA PO GOLAPALLI TEHSIL KONTA DISTRICT SUKMA CHHATTISGARH PIN 494114
Maraiguda, Chhattisgarh
Phone: 94-9425590756
IFSC: INDB0001698
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 Maraiguda branch but serve different purposes.
How quickly will an NEFT transfer using INDB0001698 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Maraiguda reflect within 30 minutes.
How do I add Indusind Bank Maraiguda as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0001698, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC INDB0001698 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0001698 to send funds instantly.
Does Indusind Bank Maraiguda branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 94-9425590756 to confirm.
What is the phone number of Indusind Bank Maraiguda branch?
You can reach the branch at 94-9425590756 during regular banking hours.
Is IFSC INDB0001698 valid for NEFT and RTGS?
Yes. IFSC INDB0001698 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Indusind Bank Maraiguda branch located?
Indusind Bank's Maraiguda branch is located at GROUND FLOOR MARAIGUDA PO GOLAPALLI TEHSIL KONTA DISTRICT SUKMA CHHATTISGARH PIN 494114, Maraiguda, Chhattisgarh.
Final notes
To recap: INDB0001698 is the IFSC code of Indusind Bank, MARAIGUDA branch, in MARAIGUDA, CHHATTISGARH. 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.
