If you are searching for the IFSC code of Indusind Bank, MG ROAD RAIPUR branch in RAIPUR, CHHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is INDB0000841. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MG ROAD RAIPUR branch, and detailed step-by-step guides for using the IFSC INDB0000841 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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, INDB0000841 is the IFSC of Indusind Bank's MG ROAD RAIPUR branch. The format is fixed: INDB = bank code, 0 = reserved, 000841 = branch identifier.
About Indusind Bank
Indusind Bank operates a wide network of branches across India, including the Mg Road Raipur branch in Raipur. 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, INDB0000841.
About the Mg Road Raipur branch
The Mg Road Raipur branch of Indusind Bank is situated at GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR 492001 CHHATISGARH. 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 INDB0000841 is used.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Mg Road Raipur |
| IFSC Code | INDB0000841 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR 492001 CHHATISGARH |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| STD Code | 771 |
| Phone | 2229701 |
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 MG ROAD RAIPUR branch came to be assigned the code INDB0000841.
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 INDB0000841, money simply cannot be routed to the MG ROAD RAIPUR branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mg Road Raipur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0000841 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC INDB0000841
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 INDB0000841 across all three.
NEFT to Indusind Bank, MG ROAD RAIPUR using IFSC INDB0000841
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 INDB0000841, and confirm that the system picks up Indusind Bank – MG ROAD RAIPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC INDB0000841
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indusind Bank – MG ROAD RAIPUR, ensure your bank's portal accepts IFSC INDB0000841 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indusind Bank MG ROAD RAIPUR (IFSC INDB0000841)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0000841 in your mobile or internet banking app, and the money is credited to the MG ROAD RAIPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0000841 for Indusind Bank – MG ROAD RAIPUR, 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 – INDB0000841 | Yes – INDB0000841 | Yes – INDB0000841 |
For most retail customers crediting the Mg Road Raipur 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 MG ROAD RAIPUR branch, the IFSC INDB0000841 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 Mg Road Raipur branch is mapped to IFSC INDB0000841 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 INDB0000841.
Banking services available
The Mg Road Raipur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 771-2229701.
- 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 INDB0000841
Online banking and IFSC INDB0000841
Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the MG ROAD RAIPUR 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 INDB0000841 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.
Reaching the branch
The Mg Road Raipur branch sits at GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR 492001 CHHATISGARH. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 771-2229701 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 INDB0000841 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 – MG ROAD RAIPUR:
- The IFSC is exactly INDB0000841 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 MG ROAD RAIPUR 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.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mg Road Raipur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0000841, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0000841 for Indusind Bank – MG ROAD RAIPUR, 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.
Branch address & contact
Indusind BankMg Road Raipur Branch
GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR 492001 CHHATISGARH
Raipur, Chhattisgarh
Phone: 771-2229701
IFSC: INDB0000841
Frequently asked questions
Is IFSC INDB0000841 the same for all accounts at Mg Road Raipur branch?
Yes. The IFSC INDB0000841 is shared by every account held at Indusind Bank's Mg Road Raipur branch. Only the account number changes from customer to customer.
Can I use IFSC INDB0000841 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0000841 to send funds instantly.
Where is Indusind Bank Mg Road Raipur branch located?
Indusind Bank's Mg Road Raipur branch is located at GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR 492001 CHHATISGARH, Raipur, Chhattisgarh.
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 Mg Road Raipur branch but serve different purposes.
How quickly will an NEFT transfer using INDB0000841 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Mg Road Raipur reflect within 30 minutes.
What is the phone number of Indusind Bank Mg Road Raipur branch?
You can reach the branch at 771-2229701 during regular banking hours.
What is the IFSC code of Indusind Bank Mg Road Raipur branch?
The IFSC code of Indusind Bank, Mg Road Raipur branch is INDB0000841. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code INDB0000841 belongs to Indusind Bank's MG ROAD RAIPUR branch, located at GRD FLR RAHEJA COMPLEX PLOT NO 01 02 NEAR M G ROAD GURUNANAK CHOWK RAIPUR… in RAIPUR, CHHATTISGARH. 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.
