BANEDIA Branch
The IFSC code of INDUSIND BANK BANEDIA branch is INDB0000940. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in DEPALPUR, MADHYA PRADESH (PIN 453551).
INDB identifies INDUSIND BANK, 0 is a reserved digit (always 0), and 000940 identifies the BANEDIA branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
INDUSIND BANK BANEDIA branch is located at HOUSE NO 113 WARD NO 3 CHOURAHA BANEDIA TEHSIL DEPALPUR DIST INDORE 453551. PIN code: 453551.
Yes, INDB0000940 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 BANEDIA.
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.
Based on RBI records, INDB0000940 is an active IFSC code assigned to INDUSIND BANK BANEDIA in DEPALPUR, 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: 453551
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