IFSC Code INDB0000816 - Indusind Bank Jagraon
GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB
Quick Info
IFSC: INDB0000816
Pincode: 142026
District: Ludhiana
Status: Active
About Indusind Bank Jagraon
IFSC Code INDB0000816 belongs to Indusind Bank Jagraon branch located in Jagraon, Ludhiana, Punjab. This branch serves customers in Jagraon, Ludhiana, Punjab and surrounding areas.
Understanding IFSC Code INDB0000816
The IFSC (Indian Financial System Code) INDB0000816 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (INDB): Bank code identifying Indusind Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000816): Unique branch identifier for Jagraon
Electronic Fund Transfer Services
IFSC Code INDB0000816 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Indusind Bank Jagraon branch is located at GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB (Pincode: 142026) in Jagraon, Ludhiana, Punjab. This location serves customers in Jagraon, Ludhiana, Punjab and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code INDB0000816 to ensure the transaction is routed correctly.
How to Use IFSC Code INDB0000816
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: INDB0000816 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Indusind Bank Branches
If you're looking for other Indusind Bank branches in Jagraon, Ludhiana, Punjab or nearby areas, use our Indusind Bank branch finder. You can search by city, district, or state to find all Indusind Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | INDB0000816 |
| Bank Name: | Indusind Bank |
| Branch Name: | Jagraon |
| Address: | GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB |
| City: | Jagraon |
| District: | Ludhiana |
| State: | Punjab |
| Pincode: | 142026 |
Payment Services Available
Indusind Bank Jagraon Branch IFSC Code INDB0000816 — Complete Banking Guide for Jagraon, Punjab
IFSC code INDB0000816 belongs to the Jagraon branch of Indusind Bank in Jagraon, Ludhiana district, Punjab. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC INDB0000816 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Indusind Bank, Jagraon Branch
The Jagraon branch of Indusind Bank in Jagraon, Punjab serves retail and corporate customers in Ludhiana district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC INDB0000816 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC INDB0000816
Four primary digital payment rails use IFSC INDB0000816 for transfers to Indusind Bank, Jagraon: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC INDB0000816 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Jagraon branch of Indusind Bank in Jagraon carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC INDB0000816 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC INDB0000816 Before Transferring
Before initiating any high-value transfer to IFSC INDB0000816, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Indusind Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Indusind Bank Jagraon, Jagraon IFSC
What is the IFSC of Indusind Bank Jagraon in Jagraon?
The IFSC of Indusind Bank, Jagraon branch in Jagraon, Punjab is INDB0000816. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC INDB0000816?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC INDB0000816 to route funds to Indusind Bank, Jagraon, Jagraon.
Who assigns IFSC codes like INDB0000816?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Indusind Bank applied for the IFSC for its Jagraon branch in Jagraon, and RBI issued INDB0000816 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC INDB0000816 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC INDB0000816 at Indusind Bank, Jagraon, Jagraon. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC INDB0000816.
About IFSC Code INDB0000816
IFSC Code INDB0000816 belongs to Indusind Bank branch Jagraon located in Jagraon, Ludhiana, Punjab.
Branch Information
- IFSC Code: INDB0000816
- Bank: Indusind Bank
- Branch: Jagraon
- Address: GRD FLR H NO 373 B KHASRA NO 590 WARD NO 12 NEAR BUS STAND GT ROAD JAGRAON 142 026 LUDHIANA PUNJAB
- City: Jagraon
- District: Ludhiana
- State: Punjab
- Pincode: 142026
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available