Use this page as a one-stop reference for everything related to Indusind Bank's SHAHKOT branch in SHAHKOT, PUNJAB. The branch's IFSC code INDB0000340 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.
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 – SHAHKOT is INDB0000340. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000340 map to this branch in SHAHKOT, PUNJAB.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Shahkot |
| IFSC Code | INDB0000340 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NOS.1-2-3, OPPOSITE BHARAT PETROLEUM PUMP, MALSIAN ROAD, SHAHKOT, PIN 144702 DISTT JALLANDHAR PUNJAB |
| City | Shahkot |
| District | Jalandhar |
| State | Punjab |
| STD Code | 0 |
| Phone | 0 |
About the bank
Indusind Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shahkot branch in Shahkot, Punjab is part of this network and uses the IFSC code INDB0000340 for all electronic settlement.
About the Shahkot branch
The Shahkot branch of Indusind Bank is situated at SHOP NOS.1-2-3, OPPOSITE BHARAT PETROLEUM PUMP, MALSIAN ROAD, SHAHKOT, PIN 144702 DISTT JALLANDHAR PUNJAB. 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 INDB0000340 is used.
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 SHAHKOT of Indusind Bank — its own 11-character IFSC. The code INDB0000340 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 INDB0000340 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 INDB0000340
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 INDB0000340 across all three.
How to use IFSC INDB0000340 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's SHAHKOT 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 INDB0000340.
- Confirm the bank name auto-populates as Indusind Bank and the branch as SHAHKOT.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC INDB0000340
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 – SHAHKOT, ensure your bank's portal accepts IFSC INDB0000340 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indusind Bank SHAHKOT (IFSC INDB0000340)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0000340 in your mobile or internet banking app, and the money is credited to the SHAHKOT branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0000340 for Indusind Bank – SHAHKOT, 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 – INDB0000340 | Yes – INDB0000340 | Yes – INDB0000340 |
For most retail customers crediting the Shahkot 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.
UPI payments and IFSC INDB0000340
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indusind Bank – SHAHKOT is still mapped to IFSC INDB0000340. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC INDB0000340 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Shahkot branch is mapped to IFSC INDB0000340 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 INDB0000340.
Banking services available
The Shahkot branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- 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 INDB0000340
MICR & cheque-truncation details
Cheques drawn on the Shahkot branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0000340 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Shahkot 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 INDB0000340 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.
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 – SHAHKOT:
- The IFSC is exactly INDB0000340 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 SHAHKOT 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 Shahkot branch sits at SHOP NOS.1-2-3, OPPOSITE BHARAT PETROLEUM PUMP, MALSIAN ROAD, SHAHKOT, PIN 144702 DISTT JALLANDHAR PUNJAB. If you are travelling from outside Shahkot, search for the branch on a maps application using the bank name and locality, or call 0 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 INDB0000340 and your account number.
Verifying IFSC INDB0000340 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 INDB0000340 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Shahkot 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 INDB0000340 continue to work without interruption.
Branch address & contact
Indusind BankShahkot Branch
SHOP NOS.1-2-3, OPPOSITE BHARAT PETROLEUM PUMP, MALSIAN ROAD, SHAHKOT, PIN 144702 DISTT JALLANDHAR PUNJAB
Shahkot, Punjab
Phone: 0
IFSC: INDB0000340
Frequently asked questions
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 Shahkot branch but serve different purposes.
Is IFSC INDB0000340 the same for all accounts at Shahkot branch?
Yes. The IFSC INDB0000340 is shared by every account held at Indusind Bank's Shahkot branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using INDB0000340 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Shahkot reflect within 30 minutes.
How do I add Indusind Bank Shahkot as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0000340, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC INDB0000340 valid for NEFT and RTGS?
Yes. IFSC INDB0000340 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC INDB0000340 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0000340 to send funds instantly.
Does Indusind Bank Shahkot branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
What is the phone number of Indusind Bank Shahkot branch?
You can reach the branch at 0 during regular banking hours.
Summary
The IFSC code INDB0000340 belongs to Indusind Bank's SHAHKOT branch, located at SHOP NOS.1-2-3, OPPOSITE BHARAT PETROLEUM PUMP, MALSIAN ROAD, SHAHKOT, PIN… in SHAHKOT, PUNJAB. 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.
