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Verified Branch

INDUSIND BANK

MANDAVELI Branch, CHENNAI

IFSC Code
INDB0001514
Required for NEFT, RTGS, IMPS money transfers
MICR Code
600234033
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

INDB Bank Code (1-4)
0 Control Zero (5th)
001514 Branch Code (6-11)

Complete Branch Details

Full Address INDUSIND BANK GROUND FLOOR NEW NO 32 OLD NO 46 VENKATAKRISHNA IYER ROAD RAJA ANNAMALAIPURAM MANDAVELI CHENNAI 600 028
State TAMIL NADU
District / City CHENNAI
Centre / Region CHENNAI
Contact / Helpline 44-24954051
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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 INDB0001514.
  4. Confirm bank name displays as INDUSIND BANK and branch as MANDAVELI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (INDB0001514)

What is the IFSC code of INDUSIND BANK MANDAVELI branch? ↓

The verified 11-digit IFSC code is INDB0001514. 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 MANDAVELI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 600234033. 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 INDUSIND BANK GROUND FLOOR NEW NO 32 OLD NO 46 VENKATAKRISHNA IYER ROAD RAJA ANNAMALAIPURAM MANDAVELI CHENNAI 600 028, located in CHENNAI district, TAMIL NADU.

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CHENNAI THIRUVANMYUR Branch

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