This page lists the IFSC code, branch address, contact number and fund-transfer information for Indusind Bank, MALE branch in PANHALA. The 11-digit IFSC INDB0000689 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 MALE 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.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indusind Bank's MALE branch, the IFSC INDB0000689 breaks down as follows: INDB identifies the bank, 0 is the reserved character, and 000689 identifies this particular branch.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Male |
| IFSC Code | INDB0000689 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA |
| City | Panhala |
| District | Kolhapur |
| State | Maharashtra |
| STD Code | 232 |
| Phone | 8241477 |
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Male branch in Panhala, Maharashtra is part of this network and uses the IFSC code INDB0000689 for all electronic settlement.
About this branch
The branch is located at GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA. It serves the Panhala 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 INDB0000689 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 MALE of Indusind Bank — its own 11-character IFSC. The code INDB0000689 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 INDB0000689 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC INDB0000689
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 INDB0000689 across all three.
How to use IFSC INDB0000689 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's MALE 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 INDB0000689.
- Confirm the bank name auto-populates as Indusind Bank and the branch as MALE.
- 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 MALE
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's MALE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0000689 while initiating the transfer and the credit will appear within minutes.
IMPS to Indusind Bank MALE (IFSC INDB0000689)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0000689 in your mobile or internet banking app, and the money is credited to the MALE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0000689 for Indusind Bank – MALE, 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 – INDB0000689 | Yes – INDB0000689 | Yes – INDB0000689 |
For most retail customers crediting the Male 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 MALE branch, the IFSC INDB0000689 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 Male branch is mapped to IFSC INDB0000689 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 INDB0000689.
Products and services
Customers walking into the Male 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 INDB0000689
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 INDB0000689 and the account number together uniquely identify the Male branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC INDB0000689
Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the MALE 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 INDB0000689 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.
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 – MALE:
- The IFSC is exactly INDB0000689 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 MALE 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 Male branch sits at GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA. If you are travelling from outside Panhala, search for the branch on a maps application using the bank name and locality, or call 232-8241477 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 INDB0000689 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0000689 for Indusind Bank – MALE, 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 Male 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 INDB0000689 continue to work without interruption.
Branch address & contact
Indusind BankMale Branch
GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA
Panhala, Maharashtra
Phone: 232-8241477
IFSC: INDB0000689
Frequently asked questions
Can I use IFSC INDB0000689 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0000689 to send funds instantly.
What is the IFSC code of Indusind Bank Male branch?
The IFSC code of Indusind Bank, Male branch is INDB0000689. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Indusind Bank Male branch located?
Indusind Bank's Male branch is located at GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA, Panhala, Maharashtra.
How quickly will an NEFT transfer using INDB0000689 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Male reflect within 30 minutes.
Is IFSC INDB0000689 the same for all accounts at Male branch?
Yes. The IFSC INDB0000689 is shared by every account held at Indusind Bank's Male branch. Only the account number changes from customer to customer.
What is the phone number of Indusind Bank Male branch?
You can reach the branch at 232-8241477 during regular banking hours.
How do I add Indusind Bank Male as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0000689, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code INDB0000689 belongs to Indusind Bank's MALE branch, located at GR FLR VILLAGE MALE TEHSIL PANAHALA DIST KOLHAPUR 416114 MAHARASHTRA in PANHALA, 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.
