This page lists the IFSC code, branch address, contact number and fund-transfer information for Indusind Bank, PADWALWADI branch in WALWA. The 11-digit IFSC INDB0000693 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indusind Bank at the PADWALWADI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – PADWALWADI is INDB0000693. The first four letters INDB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000693 map to this branch in WALWA, MAHARASHTRA.
Bank profile
Indusind Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Padwalwadi branch — IFSC INDB0000693 — extends the bank's services to customers in and around Walwa, Maharashtra.
About the Padwalwadi branch
The Padwalwadi branch of Indusind Bank is situated at GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313. 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 INDB0000693 is used.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Padwalwadi |
| IFSC Code | INDB0000693 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313 |
| City | Walwa |
| District | Sangli |
| State | Maharashtra |
| STD Code | 234 |
| Phone | 2263063 |
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 PADWALWADI branch came to be assigned the code INDB0000693.
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 INDB0000693, money simply cannot be routed to the PADWALWADI 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 INDB0000693 and the account number together uniquely identify the Padwalwadi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC INDB0000693
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 INDB0000693 across all three.
NEFT to Indusind Bank, PADWALWADI using IFSC INDB0000693
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 INDB0000693, and confirm that the system picks up Indusind Bank – PADWALWADI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC INDB0000693
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 – PADWALWADI, ensure your bank's portal accepts IFSC INDB0000693 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indusind Bank PADWALWADI (IFSC INDB0000693)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC INDB0000693 in your mobile or internet banking app, and the money is credited to the PADWALWADI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0000693 for Indusind Bank – PADWALWADI, 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 – INDB0000693 | Yes – INDB0000693 | Yes – INDB0000693 |
For most retail customers crediting the Padwalwadi 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 PADWALWADI branch, the IFSC INDB0000693 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 Padwalwadi branch is mapped to IFSC INDB0000693 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 INDB0000693.
Banking services available
The Padwalwadi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 234-2263063.
- 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 INDB0000693
Digital banking channels
Most day-to-day work that customers used to do at the Padwalwadi 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 INDB0000693 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 Padwalwadi branch sits at GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313. If you are travelling from outside Walwa, search for the branch on a maps application using the bank name and locality, or call 234-2263063 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 INDB0000693 and your account number.
Common mistakes to avoid when using IFSC INDB0000693
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 – PADWALWADI, 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:
INDB0000693. - 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.
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 Padwalwadi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0000693, however, work 24x7.
Verifying IFSC INDB0000693 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 INDB0000693 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 234-2263063.
- Visiting the bank's official branch locator page.
Branch address & contact
Indusind BankPadwalwadi Branch
GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313
Walwa, Maharashtra
Phone: 234-2263063
IFSC: INDB0000693
Frequently asked questions
What is the phone number of Indusind Bank Padwalwadi branch?
You can reach the branch at 234-2263063 during regular banking hours.
How do I add Indusind Bank Padwalwadi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0000693, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indusind Bank Padwalwadi branch located?
Indusind Bank's Padwalwadi branch is located at GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313, Walwa, Maharashtra.
How quickly will an NEFT transfer using INDB0000693 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Padwalwadi reflect within 30 minutes.
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 Padwalwadi branch but serve different purposes.
Is IFSC INDB0000693 the same for all accounts at Padwalwadi branch?
Yes. The IFSC INDB0000693 is shared by every account held at Indusind Bank's Padwalwadi branch. Only the account number changes from customer to customer.
Is IFSC INDB0000693 valid for NEFT and RTGS?
Yes. IFSC INDB0000693 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indusind Bank Padwalwadi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 234-2263063 to confirm.
Summary
The IFSC code INDB0000693 belongs to Indusind Bank's PADWALWADI branch, located at GR FLR VILLAGE PADWALWADI TALUKA WALWA DIST SANGLI MAHARASHTRA PIN 416313 in WALWA, 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.
