MOHALI PHASE Branch
The IFSC code of INDUSIND BANK MOHALI PHASE branch is INDB0001023. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in SAS NAGAR MOHALI, PUNJAB.
INDB identifies INDUSIND BANK, 0 is a reserved digit (always 0), and 001023 identifies the MOHALI PHASE branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
INDUSIND BANK MOHALI PHASE branch is located at GROUND FLOOR SCF 63 SCF 64 PHASE 7 SAS NAGAR MOHALI.
Yes, INDB0001023 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 MOHALI PHASE.
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, INDB0001023 is an active IFSC code assigned to INDUSIND BANK MOHALI PHASE in SAS NAGAR MOHALI, PUNJAB. 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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