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Verified Branch

Indusind Bank

BALANAGAR Branch, HYDERABAD

IFSC Code
INDB0001507
Required for NEFT, RTGS, IMPS money transfers
MICR Code
500234028
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

INDB Bank Code (1-4)
0 Control Zero (5th)
001507 Branch Code (6-11)

Complete Branch Details

Full Address GROUND FLOOR A 30 PLOT NO.A30, AIE, SHANKAR TOWERS, BALANAGAR, DIST HYDERABAD
State TELANGANA
District / City HYDERABAD
Centre / Region HYDERABAD
Contact / Helpline +914023870030
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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 INDB0001507.
  4. Confirm bank name displays as Indusind Bank and branch as BALANAGAR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (INDB0001507)

What is the IFSC code of Indusind Bank BALANAGAR branch? ↓

The verified 11-digit IFSC code is INDB0001507. 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 BALANAGAR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 500234028. 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 GROUND FLOOR A 30 PLOT NO.A30, AIE, SHANKAR TOWERS, BALANAGAR, DIST HYDERABAD, located in HYDERABAD district, TELANGANA.

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