Indusind Bank Logo
Verified Branch

Indusind Bank

BARWANI Branch, BARWANI

IFSC Code
INDB0000242
Required for NEFT, RTGS, IMPS money transfers
MICR Code
451234051
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

INDB Bank Code (1-4)
0 Control Zero (5th)
000242 Branch Code (6-11)

Complete Branch Details

Full Address 7/1, M. G. ROAD, NEAR SATYANARAYAN MANDIR, BARWANI 451 551
State MADHYA PRADESH
District / City BARWANI
Centre / Region BARWANI
Contact / Helpline 1800 1800 (Toll Free)
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code INDB0000242.
  4. Confirm bank name displays as Indusind Bank and branch as BARWANI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (INDB0000242)

What is the IFSC code of Indusind Bank BARWANI branch?

The verified 11-digit IFSC code is INDB0000242. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indusind Bank BARWANI?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 451234051. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is 7/1, M. G. ROAD, NEAR SATYANARAYAN MANDIR, BARWANI 451 551, located in BARWANI district, MADHYA PRADESH.