Below are the complete branch details for Indusind Bank, PARBHANI branch, located in PARBHANI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is INDB0002350. 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 INDB0002350 for Indusind Bank – PARBHANI — 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, INDB0002350 is the IFSC of Indusind Bank's PARBHANI branch. The format is fixed: INDB = bank code, 0 = reserved, 002350 = branch identifier.
About Indusind Bank
Indusind Bank operates a wide network of branches across India, including the Parbhani branch in Parbhani. 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, INDB0002350.
About the Parbhani branch
The Parbhani branch of Indusind Bank is situated at GROUND FLOOR MADHUR BHOJ YELDARKAR COLONY BASMAT ROAD PARBHANI MAHARASHTRA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code INDB0002350 is used.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Parbhani |
| IFSC Code | INDB0002350 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR MADHUR BHOJ YELDARKAR COLONY BASMAT ROAD PARBHANI MAHARASHTRA |
| City | Parbhani |
| District | Parbhani |
| State | Maharashtra |
| STD Code | 2452 |
| Phone | 299119 |
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 PARBHANI branch came to be assigned the code INDB0002350.
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 INDB0002350, money simply cannot be routed to the PARBHANI branch electronically.
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 INDB0002350 and the account number together uniquely identify the Parbhani branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC INDB0002350
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 INDB0002350 across all three.
NEFT to Indusind Bank, PARBHANI using IFSC INDB0002350
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 INDB0002350, and confirm that the system picks up Indusind Bank – PARBHANI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PARBHANI
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's PARBHANI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0002350 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 – PARBHANI, use IMPS. With IFSC INDB0002350 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Parbhani
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 INDB0002350:
- 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 PARBHANI is still linked to IFSC INDB0002350.
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 PARBHANI branch, the IFSC INDB0002350 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 Parbhani branch is mapped to IFSC INDB0002350 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 INDB0002350.
Banking services available
The Parbhani branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2452-299119.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC INDB0002350
Digital banking channels
Most day-to-day work that customers used to do at the Parbhani 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 INDB0002350 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.
How to reach the Parbhani branch
The branch is located at GROUND FLOOR MADHUR BHOJ YELDARKAR COLONY BASMAT ROAD PARBHANI MAHARASHTRA, which puts it inside Parbhani, the broader Parbhani district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Indusind Bank Parbhani branch” — the verified location pin for IFSC INDB0002350 should appear at the top of the results.
- Confirm the branch is open by calling 2452-299119 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC INDB0002350 and your account number.
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 – PARBHANI:
- The IFSC is exactly INDB0002350 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 PARBHANI 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.
Working hours
Branch counters at Parbhani 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 INDB0002350 continue to work without interruption.
Verifying IFSC INDB0002350 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 INDB0002350 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2452-299119.
- Visiting the bank's official branch locator page.
Branch address & contact
Indusind BankParbhani Branch
GROUND FLOOR MADHUR BHOJ YELDARKAR COLONY BASMAT ROAD PARBHANI MAHARASHTRA
Parbhani, Maharashtra
Phone: 2452-299119
IFSC: INDB0002350
Frequently asked questions
How do I add Indusind Bank Parbhani as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0002350, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC INDB0002350 valid for NEFT and RTGS?
Yes. IFSC INDB0002350 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Indusind Bank Parbhani branch?
The IFSC code of Indusind Bank, Parbhani branch is INDB0002350. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Indusind Bank Parbhani branch?
You can reach the branch at 2452-299119 during regular banking hours.
Is IFSC INDB0002350 the same for all accounts at Parbhani branch?
Yes. The IFSC INDB0002350 is shared by every account held at Indusind Bank's Parbhani branch. Only the account number changes from customer to customer.
Does Indusind Bank Parbhani branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2452-299119 to confirm.
Summary
The IFSC code INDB0002350 belongs to Indusind Bank's PARBHANI branch, located at GROUND FLOOR MADHUR BHOJ YELDARKAR COLONY BASMAT ROAD PARBHANI MAHARASHTRA in PARBHANI, 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.
