IFSC Code of Indusind Bank, Thakur Complex, Kandivali-E, Mumbai Branch, Maharashtra

Use this page as a one-stop reference for everything related to Indusind Bank's THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch in MUMBAI, MAHARASHTRA. The branch's IFSC code INDB0000402 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, INDB0000402 is the IFSC of Indusind Bank's THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch. The format is fixed: INDB = bank code, 0 = reserved, 000402 = branch identifier.

About Indusind Bank

Indusind Bank operates a wide network of branches across India, including the Thakur Complex, Kandivali-E, Mumbai branch in Mumbai. 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, INDB0000402.

Branch details at a glance

About this branch

The branch is located at SHOP. NO 2,3,4,5 & 6, KANAKIA PARK II CHS, THAKUR COMPLEX, KANDIVALI-E, MUMBAI-400 101. 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 INDB0000402 is used to identify this branch on the RBI payments network.

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 THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch came to be assigned the code INDB0000402.

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 INDB0000402, money simply cannot be routed to the THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch electronically.

Products and account variants supported

Every account opened at the Thakur Complex, Kandivali-E, Mumbai branch is mapped to IFSC INDB0000402 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 INDB0000402.

Products and services

Customers walking into the Thakur Complex, Kandivali-E, Mumbai 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 INDB0000402

How to transfer money using IFSC INDB0000402

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 INDB0000402 across all three.

How to use IFSC INDB0000402 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's THAKUR COMPLEX, KANDIVALI-E, MUMBAI 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC INDB0000402.
4. Confirm the bank name auto-populates as Indusind Bank and the branch as THAKUR COMPLEX, KANDIVALI-E, MUMBAI.
5. 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 THAKUR COMPLEX, KANDIVALI-E, MUMBAI

If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0000402 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 – THAKUR COMPLEX, KANDIVALI-E, MUMBAI, use IMPS. With IFSC INDB0000402 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 INDB0000402 for Indusind Bank – THAKUR COMPLEX, KANDIVALI-E, MUMBAI, 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 Thakur Complex, Kandivali-E, Mumbai 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 THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch, the IFSC INDB0000402 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.

Online banking and IFSC INDB0000402

Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the THAKUR COMPLEX, KANDIVALI-E, MUMBAI 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 INDB0000402 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 Thakur Complex, Kandivali-E, Mumbai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0000402 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC INDB0000402

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 – THAKUR COMPLEX, KANDIVALI-E, MUMBAI, 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: INDB0000402.
• 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 Thakur Complex, Kandivali-E, Mumbai branch sits at SHOP. NO 2,3,4,5 & 6, KANAKIA PARK II CHS, THAKUR COMPLEX, KANDIVALI-E, MUMBAI-400 101. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 INDB0000402 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC INDB0000402 for Indusind Bank – THAKUR COMPLEX, KANDIVALI-E, MUMBAI, 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 Thakur Complex, Kandivali-E, Mumbai 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 INDB0000402 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code INDB0000402 belongs to Indusind Bank's THAKUR COMPLEX, KANDIVALI-E, MUMBAI branch, located at SHOP. NO 2,3,4,5 & 6, KANAKIA PARK II CHS, THAKUR COMPLEX, KANDIVALI-E,… 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.