Below are the complete branch details for Indusind Bank, PAKANI branch, located in SOLAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is INDB0000998. 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 INDB0000998 for Indusind Bank – PAKANI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 PAKANI branch, the IFSC INDB0000998 breaks down as follows: INDB identifies the bank, 0 is the reserved character, and 000998 identifies this particular branch.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Pakani |
| IFSC Code | INDB0000998 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR A T POST PAKANI TAL NORTH SOLAPUR DIST SOLAPUR |
| City | Solapur |
| District | Solapur |
| State | Maharashtra |
| STD Code | 217 |
| Phone | 2911036 |
About Indusind Bank
Indusind Bank operates a wide network of branches across India, including the Pakani branch in Solapur. 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, INDB0000998.
About this branch
The branch is located at GROUND FLOOR A T POST PAKANI TAL NORTH SOLAPUR DIST SOLAPUR. It serves the Solapur 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 INDB0000998 is used to identify this branch on the RBI payments network.
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 PAKANI branch came to be assigned the code INDB0000998.
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 INDB0000998, money simply cannot be routed to the PAKANI branch electronically.
How to transfer money using IFSC INDB0000998
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 INDB0000998 across all three.
NEFT to Indusind Bank, PAKANI using IFSC INDB0000998
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 INDB0000998, and confirm that the system picks up Indusind Bank – PAKANI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC INDB0000998
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 – PAKANI, ensure your bank's portal accepts IFSC INDB0000998 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indusind Bank – PAKANI, use IMPS. With IFSC INDB0000998 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 Pakani
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 INDB0000998:
- 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 PAKANI is still linked to IFSC INDB0000998.
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 PAKANI branch, the IFSC INDB0000998 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 Pakani branch is mapped to IFSC INDB0000998 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 INDB0000998.
Banking services available
The Pakani branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 217-2911036.
- 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 INDB0000998
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 INDB0000998 and the account number together uniquely identify the Pakani branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC INDB0000998
Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the PAKANI 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 INDB0000998 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 – PAKANI:
- The IFSC is exactly INDB0000998 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 PAKANI 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 Pakani branch sits at GROUND FLOOR A T POST PAKANI TAL NORTH SOLAPUR DIST SOLAPUR. If you are travelling from outside Solapur, search for the branch on a maps application using the bank name and locality, or call 217-2911036 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 INDB0000998 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0000998 for Indusind Bank – PAKANI, 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 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 Pakani branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0000998, however, work 24x7.
Branch address & contact
Indusind BankPakani Branch
GROUND FLOOR A T POST PAKANI TAL NORTH SOLAPUR DIST SOLAPUR
Solapur, Maharashtra
Phone: 217-2911036
IFSC: INDB0000998
Frequently asked questions
How quickly will an NEFT transfer using INDB0000998 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Pakani reflect within 30 minutes.
Can I use IFSC INDB0000998 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0000998 to send funds instantly.
What is the phone number of Indusind Bank Pakani branch?
You can reach the branch at 217-2911036 during regular banking hours.
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 Pakani branch but serve different purposes.
Is IFSC INDB0000998 valid for NEFT and RTGS?
Yes. IFSC INDB0000998 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indusind Bank Pakani as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0000998, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indusind Bank Pakani branch located?
Indusind Bank's Pakani branch is located at GROUND FLOOR A T POST PAKANI TAL NORTH SOLAPUR DIST SOLAPUR, Solapur, Maharashtra.
Does Indusind Bank Pakani branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 217-2911036 to confirm.
Final notes
To recap: INDB0000998 is the IFSC code of Indusind Bank, PAKANI branch, in SOLAPUR, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
