IFSC Code: Indb0000581

Bank: IndusInd Bank Limited
IFSC Code: Indb0000581
MICR Code: 530234001
Address: Cdr Hospital, A. S. Raja Complex ' Waltair Main Road, Visakhapatnam 530 002
City: Visakhapatnam
District: Visakhapatnam
State: Andhra Pradesh

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Indb0000581.

  • In our case IFSC code's first four characters Indb represents bank IndusInd Bank Limited.
  • Remaining characters which are 0000581 represents branch. In our case branch is located at address Cdr Hospital, A. S. Raja Complex ' Waltair Main Road, Visakhapatnam 530 002.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.