Below are the complete branch details for Indusind Bank, WASHIM branch, located in WASHIM, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is INDB0002343. 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 INDB0002343 for Indusind Bank – WASHIM — 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 WASHIM branch, the IFSC INDB0002343 breaks down as follows: INDB identifies the bank, 0 is the reserved character, and 002343 identifies this particular branch.
About Indusind Bank
Indusind Bank operates a wide network of branches across India, including the Washim branch in Washim. 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, INDB0002343.
About this branch
The branch is located at UPPER GROUND FLOOR PATNI COMMERCIAL COMPLEX RISOD ROAD WASHIM MAHARASHTRA. It serves the Washim 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 INDB0002343 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indusind Bank |
|---|---|
| Branch | Washim |
| IFSC Code | INDB0002343 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UPPER GROUND FLOOR PATNI COMMERCIAL COMPLEX RISOD ROAD WASHIM MAHARASHTRA |
| City | Washim |
| District | Washim |
| State | Maharashtra |
| STD Code | 7252 |
| Phone | 299390 |
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 WASHIM branch came to be assigned the code INDB0002343.
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 INDB0002343, money simply cannot be routed to the WASHIM branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Washim branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC INDB0002343 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 INDB0002343
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 INDB0002343 across all three.
How to use IFSC INDB0002343 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indusind Bank's WASHIM 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 INDB0002343.
- Confirm the bank name auto-populates as Indusind Bank and the branch as WASHIM.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to WASHIM
If you need to transfer ₹2 lakh or more in one go to an account at Indusind Bank's WASHIM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC INDB0002343 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indusind Bank – WASHIM, use IMPS. With IFSC INDB0002343 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC INDB0002343 for Indusind Bank – WASHIM, 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 – INDB0002343 | Yes – INDB0002343 | Yes – INDB0002343 |
For most retail customers crediting the Washim 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 INDB0002343
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 – WASHIM is still mapped to IFSC INDB0002343. 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 INDB0002343 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Washim branch is mapped to IFSC INDB0002343 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 INDB0002343.
Banking services available
The Washim branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7252-299390.
- 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 INDB0002343
Online banking and IFSC INDB0002343
Indusind Bank customers can register for net banking and the bank's official mobile app once their account at the WASHIM 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 INDB0002343 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.
How to reach the Washim branch
The branch is located at UPPER GROUND FLOOR PATNI COMMERCIAL COMPLEX RISOD ROAD WASHIM MAHARASHTRA, which puts it inside Washim, the broader Washim district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Indusind Bank Washim branch” — the verified location pin for IFSC INDB0002343 should appear at the top of the results.
- Confirm the branch is open by calling 7252-299390 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC INDB0002343 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 – WASHIM:
- The IFSC is exactly INDB0002343 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 WASHIM 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 Washim branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC INDB0002343, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC INDB0002343 for Indusind Bank – WASHIM, 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 BankWashim Branch
UPPER GROUND FLOOR PATNI COMMERCIAL COMPLEX RISOD ROAD WASHIM MAHARASHTRA
Washim, Maharashtra
Phone: 7252-299390
IFSC: INDB0002343
Frequently asked questions
How quickly will an NEFT transfer using INDB0002343 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indusind Bank – Washim reflect within 30 minutes.
What is the IFSC code of Indusind Bank Washim branch?
The IFSC code of Indusind Bank, Washim branch is INDB0002343. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC INDB0002343 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC INDB0002343 to send funds instantly.
How do I add Indusind Bank Washim as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC INDB0002343, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indusind Bank Washim branch?
You can reach the branch at 7252-299390 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 Washim branch but serve different purposes.
Summary
The IFSC code INDB0002343 belongs to Indusind Bank's WASHIM branch, located at UPPER GROUND FLOOR PATNI COMMERCIAL COMPLEX RISOD ROAD WASHIM MAHARASHTRA in WASHIM, 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.
