IFSC CODE DETAILS

INDUSIND BANK

SHUJALPUR Branch

INDB0000241

Branch Information

IFSC Code INDB0000241
Bank INDUSIND BANK
Branch SHUJALPUR
Address ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333
City SHUJALPUR
District SHAJAPUR
State MADHYA PRADESH
PIN Code 465333

Understanding IFSC Code INDB0000241

INDB
Bank Code
0
Reserved
000241
Branch Code
  • INDB: identifies INDUSIND BANK
  • 0: reserved digit (always 0 for future use)
  • 000241: identifies the SHUJALPUR branch in SHUJALPUR, MADHYA PRADESH

Frequently Asked Questions: INDB0000241

What is the IFSC code of INDUSIND BANK SHUJALPUR branch?

The IFSC code of INDUSIND BANK SHUJALPUR branch is INDB0000241. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in SHUJALPUR, MADHYA PRADESH (PIN 465333).

What does the IFSC code INDB0000241 mean?

INDB identifies INDUSIND BANK, 0 is a reserved digit (always 0), and 000241 identifies the SHUJALPUR branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is INDUSIND BANK SHUJALPUR branch located?

INDUSIND BANK SHUJALPUR branch is located at ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333. PIN code: 465333.

Can I use INDB0000241 for NEFT, RTGS, IMPS and UPI?

Yes, INDB0000241 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to INDUSIND BANK SHUJALPUR.

What is the MICR code for INDUSIND BANK SHUJALPUR branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code INDB0000241 still active?

Based on RBI records, INDB0000241 is an active IFSC code assigned to INDUSIND BANK SHUJALPUR in SHUJALPUR, MADHYA PRADESH. If you receive a transaction failure citing this IFSC, contact INDUSIND BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with INDUSIND BANK or the RBI before initiating a high-value transfer.

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PIN code for this branch: 465333

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