Below are the complete branch details for Indusind Bank, MAHAVIR NAGAR branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is INDB0001829. 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 INDB0001829 for Indusind Bank – MAHAVIR NAGAR — 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, INDB0001829 is the IFSC of Indusind Bank's MAHAVIR NAGAR branch. The format is fixed: INDB = bank code, 0 = reserved, 001829 = branch identifier.
Bank profile
Indusind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Mahavir Nagar branch — IFSC INDB0001829 — extends the bank's services to customers in and around Mumbai, Maharashtra.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Mahavir Nagar |
| IFSC Code | INDB0001829 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 4,5,6 7, VEENA SARGAM, MAHAVIR NAGAR, KANDIVALI WEST, MUMBAI-400067 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 9819889005 |
About this branch
The branch is located at SHOP NO 4,5,6 7, VEENA SARGAM, MAHAVIR NAGAR, KANDIVALI WEST, MUMBAI-400067. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indusind Bank. The IFSC INDB0001829 is used to identify this branch on the RBI payments network.
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 MAHAVIR NAGAR of Indusind Bank — its own 11-character IFSC. The code INDB0001829 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 INDB0001829 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Mahavir Nagar branch is mapped to IFSC INDB0001829 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 INDB0001829.
Products and services
Customers walking into the Mahavir Nagar 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 INDB0001829
How to transfer money using IFSC INDB0001829
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 INDB0001829 across all three.
NEFT to Indusind Bank, MAHAVIR NAGAR using IFSC INDB0001829
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 INDB0001829, and confirm that the system picks up Indusind Bank – MAHAVIR NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MAHAVIR NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's MAHAVIR NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0001829 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 – MAHAVIR NAGAR, use IMPS. With IFSC INDB0001829 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 INDB0001829 for Indusind Bank – MAHAVIR NAGAR, 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 – INDB0001829 | Yes – INDB0001829 | Yes – INDB0001829 |
For most retail customers crediting the Mahavir Nagar 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.
UPI payments and IFSC INDB0001829
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 – MAHAVIR NAGAR is still mapped to IFSC INDB0001829. 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 INDB0001829 and the beneficiary's account number to complete the transfer.
Online banking and IFSC INDB0001829
Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the MAHAVIR NAGAR 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 INDB0001829 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.
MICR & cheque-truncation details
Cheques drawn on the Mahavir Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0001829 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 – MAHAVIR NAGAR:
- The IFSC is exactly INDB0001829 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 MAHAVIR NAGAR 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 Mahavir Nagar branch sits at SHOP NO 4,5,6 7, VEENA SARGAM, MAHAVIR NAGAR, KANDIVALI WEST, MUMBAI-400067. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-9819889005 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 INDB0001829 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0001829 for Indusind Bank – MAHAVIR NAGAR, 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.
Working hours
Branch counters at Mahavir Nagar 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 INDB0001829 continue to work without interruption.
Branch address & contact
Indusind BankMahavir Nagar Branch
SHOP NO 4,5,6 7, VEENA SARGAM, MAHAVIR NAGAR, KANDIVALI WEST, MUMBAI-400067
Mumbai, Maharashtra
Phone: 22-9819889005
IFSC: INDB0001829
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 Mahavir Nagar branch but serve different purposes.
What is the IFSC code of Indusind Bank Mahavir Nagar branch?
The IFSC code of Indusind Bank, Mahavir Nagar branch is INDB0001829. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC INDB0001829 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0001829 to send funds instantly.
Is IFSC INDB0001829 the same for all accounts at Mahavir Nagar branch?
Yes. The IFSC INDB0001829 is shared by every account held at Indusind Bank's Mahavir Nagar branch. Only the account number changes from customer to customer.
Does Indusind Bank Mahavir Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-9819889005 to confirm.
How do I add Indusind Bank Mahavir Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0001829, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code INDB0001829 belongs to Indusind Bank's MAHAVIR NAGAR branch, located at SHOP NO 4,5,6 7, VEENA SARGAM, MAHAVIR NAGAR, KANDIVALI WEST, MUMBAI-400067 in MUMBAI, 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.


