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Indusind Bank · Dadra and Nagar Haveli

INDB0000206: Indusind Bank, Silvassa

IFSC code INDB0000206 belongs to the Silvassa branch of Indusind Bank in Dadra and Nagar Haveli, The Dadra and Nagar Haveli and Daman and Diu. Its MICR code is 396234111.

IFSC
INDB0000206
MICR
396234111
Bank
Indusind Bank
Branch
Silvassa
District
Dadra and Nagar Haveli
State
The Dadra and Nagar Haveli and Daman and Diu

Branch address

Indusind Bank
Roshan Avenue 9, Silvassa Vapi Road, Silvassa 396230 Dadra Nagar Haveli U T

Open in a map · Pincode 396230: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

INDB is Indusind Bank's bank code, the fifth character 0 is kept for future use, and 000206 is the code of the Silvassa branch. In the MICR code 396234111, 396 is the city, 234 the bank and 111 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indusind Bank's Silvassa branch (Dadra and Nagar Haveli, The Dadra and Nagar Haveli and Daman and Diu) is INDB0000206.

  2. 396234111. MICR is printed at the bottom of the branch's cheques.

  3. Roshan Avenue 9, Silvassa Vapi Road, Silvassa 396230 Dadra Nagar Haveli U T

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0000206 with the beneficiary's account number.

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