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Indusind Bank · Choutuppal

INDB0000496: Indusind Bank, Choutuppal

IFSC code INDB0000496 belongs to the Choutuppal branch of Indusind Bank in Choutuppal, Andhra Pradesh. Its MICR code is 500234012.

IFSC
INDB0000496
MICR
500234012
Bank
Indusind Bank
Branch
Choutuppal
District
Choutuppal
State
Andhra Pradesh

Branch address

Indusind Bank
Ground Floor, H.No 5-494/8a, Survey No 217, Block No V, GS Complex, Handloom Market Road, Choutuppal- 508252, Dist Nalgonda, Andhra Pradesh

Open in a map · Pincode 508252: 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 000496 is the code of the Choutuppal branch. In the MICR code 500234012, 500 is the city, 234 the bank and 012 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 Choutuppal branch (Choutuppal, Andhra Pradesh) is INDB0000496.

  2. 500234012. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, H.No 5-494/8a, Survey No 217, Block No V, GS Complex, Handloom Market Road, Choutuppal- 508252, Dist Nalgonda, Andhra Pradesh

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0000496 with the beneficiary's account number.

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