Indusind Bank, SUKLYA, DEWAS Branch IFSC Code

The IFSC code INDB0001307 is assigned to Indusind Bank, SUKLYA located in DEWAS, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Indusind Bank
IFSC Code INDB0001307
MICR Code 455234002
Branch Code 001307
Branch SUKLYA
City DEWAS
District DEWAS
State MADHYA PRADESH
Address SURVEY NO 230 3 VILLAGE WARD 17 NAYAPURA VILLAGE SUKLYA Maps
Contact +919770414171

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

INDB Bank Code
0 Reserved (0)
001307 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

455 City Code
234 Bank Code
002 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code INDB0001307 is the Indian Financial System Code assigned to Indusind Bank, SUKLYA branch in DEWAS, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in DEWAS, DEWAS, MADHYA PRADESH. The full address is: SURVEY NO 230 3 VILLAGE WARD 17 NAYAPURA VILLAGE SUKLYA

The branch code is 001307. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Indusind Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 455234002. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: INDB0001307
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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