IFSC Code INDB0000891 - Indusind Bank Madha
GROUND AND FIRST FLOOR GP NO 1015 SHUKRAWAR PETH MADHA 414209 DIST SOLAPUR MAHARASHTRA
Quick Info
IFSC: INDB0000891
Pincode: 413101
District: Solapur
Status: Active
About Indusind Bank Madha
IFSC Code INDB0000891 belongs to Indusind Bank Madha branch located in Madha, Solapur, Maharashtra. This branch serves customers in Madha, Solapur, Maharashtra and surrounding areas.
Understanding IFSC Code INDB0000891
The IFSC (Indian Financial System Code) INDB0000891 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 (000891): Unique branch identifier for Madha
Electronic Fund Transfer Services
IFSC Code INDB0000891 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 Madha branch is located at GROUND AND FIRST FLOOR GP NO 1015 SHUKRAWAR PETH MADHA 414209 DIST SOLAPUR MAHARASHTRA (Pincode: 413101) in Madha, Solapur, Maharashtra. This location serves customers in Madha, Solapur, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code INDB0000891 to ensure the transaction is routed correctly.
How to Use IFSC Code INDB0000891
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: INDB0000891 (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 Madha, Solapur, Maharashtra 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: | INDB0000891 |
| Bank Name: | Indusind Bank |
| Branch Name: | Madha |
| Address: | GROUND AND FIRST FLOOR GP NO 1015 SHUKRAWAR PETH MADHA 414209 DIST SOLAPUR MAHARASHTRA |
| City: | Madha |
| District: | Solapur |
| State: | Maharashtra |
| Pincode: | 413101 |
Payment Services Available
Indusind Bank Madha Branch IFSC Code INDB0000891 — Complete Banking Guide for Madha, Maharashtra
IFSC code INDB0000891 belongs to the Madha branch of Indusind Bank in Madha, Solapur district, Maharashtra. 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 INDB0000891 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, Madha Branch
The Madha branch of Indusind Bank in Madha, Maharashtra serves retail and corporate customers in Solapur 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 INDB0000891 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC INDB0000891
Four primary digital payment rails use IFSC INDB0000891 for transfers to Indusind Bank, Madha: 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 INDB0000891 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Madha branch of Indusind Bank in Madha 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 INDB0000891 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 INDB0000891 Before Transferring
Before initiating any high-value transfer to IFSC INDB0000891, 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 Madha, Madha IFSC
What is the IFSC of Indusind Bank Madha in Madha?
The IFSC of Indusind Bank, Madha branch in Madha, Maharashtra is INDB0000891. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC INDB0000891?
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 INDB0000891 to route funds to Indusind Bank, Madha, Madha.
Who assigns IFSC codes like INDB0000891?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Indusind Bank applied for the IFSC for its Madha branch in Madha, and RBI issued INDB0000891 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC INDB0000891 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 INDB0000891 at Indusind Bank, Madha, Madha. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC INDB0000891.
About IFSC Code INDB0000891
IFSC Code INDB0000891 belongs to Indusind Bank branch Madha located in Madha, Solapur, Maharashtra.
Branch Information
- IFSC Code: INDB0000891
- Bank: Indusind Bank
- Branch: Madha
- Address: GROUND AND FIRST FLOOR GP NO 1015 SHUKRAWAR PETH MADHA 414209 DIST SOLAPUR MAHARASHTRA
- City: Madha
- District: Solapur
- State: Maharashtra
- Pincode: 413101
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available