IFSC Code of Indusind Bank, Shailendra Nagar Raipur Branch, Chandigarh

Below are the complete branch details for Indusind Bank, SHAILENDRA NAGAR RAIPUR branch, located in RAIPUR, CHANDIGARH. The IFSC assigned by the Reserve Bank of India to this branch is INDB0002145. 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 INDB0002145 for Indusind Bank – SHAILENDRA NAGAR RAIPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Indusind Bank – SHAILENDRA NAGAR RAIPUR is INDB0002145. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002145 map to this branch in RAIPUR, CHANDIGARH.

About the bank

Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shailendra Nagar Raipur branch in Raipur, Chandigarh is part of this network and uses the IFSC code INDB0002145 for all electronic settlement.

About this branch

The branch is located at UPPER GROUND FLOOR C 53 SHAILENDRA NAGAR RAIPUR CHHATTISGARH 492001. It serves the Raipur 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 INDB0002145 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 SHAILENDRA NAGAR RAIPUR branch came to be assigned the code INDB0002145.

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 INDB0002145, money simply cannot be routed to the SHAILENDRA NAGAR RAIPUR branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Shailendra Nagar Raipur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0002145 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 INDB0002145

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 INDB0002145 across all three.

NEFT to Indusind Bank, SHAILENDRA NAGAR RAIPUR using IFSC INDB0002145

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 INDB0002145, and confirm that the system picks up Indusind Bank – SHAILENDRA NAGAR RAIPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SHAILENDRA NAGAR RAIPUR

If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's SHAILENDRA NAGAR RAIPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0002145 while initiating the transfer and the credit will appear within minutes.

IMPS to Indusind Bank SHAILENDRA NAGAR RAIPUR (IFSC INDB0002145)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0002145 in your mobile or internet banking app, and the money is credited to the SHAILENDRA NAGAR RAIPUR branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC INDB0002145 for Indusind Bank – SHAILENDRA NAGAR 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.

For most retail customers crediting the Shailendra Nagar 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 SHAILENDRA NAGAR RAIPUR branch, the IFSC INDB0002145 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 Shailendra Nagar Raipur branch is mapped to IFSC INDB0002145 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 INDB0002145.

Products and services

Customers walking into the Shailendra Nagar Raipur 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 INDB0002145

Digital banking channels

Most day-to-day work that customers used to do at the Shailendra Nagar Raipur 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 INDB0002145 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.

Reaching the branch

The Shailendra Nagar Raipur branch sits at UPPER GROUND FLOOR C 53 SHAILENDRA NAGAR RAIPUR CHHATTISGARH 492001. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 771-2990981 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 INDB0002145 and your account number.

Common mistakes to avoid when using IFSC INDB0002145

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 – SHAILENDRA NAGAR RAIPUR, 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: INDB0002145.
• 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.

Working hours

Branch counters at Shailendra Nagar Raipur 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 INDB0002145 continue to work without interruption.

Verifying IFSC INDB0002145 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 INDB0002145 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 771-2990981.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code INDB0002145 belongs to Indusind Bank's SHAILENDRA NAGAR RAIPUR branch, located at UPPER GROUND FLOOR C 53 SHAILENDRA NAGAR RAIPUR CHHATTISGARH 492001 in RAIPUR, CHANDIGARH. 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.