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Indusind Bank · Nihalpur Mundi

INDB0000529: Indusind Bank, Nihalpur Mundi

IFSC code INDB0000529 belongs to the Nihalpur Mundi branch of Indusind Bank in Nihalpur Mundi, Madhya Pradesh. Its MICR code is 452234503.

IFSC
INDB0000529
MICR
452234503
Bank
Indusind Bank
Branch
Nihalpur Mundi
District
Nihalpur Mundi
State
Madhya Pradesh

Branch address

Indusind Bank
303a, Silicon City, Mansee Heights, Village Nihalpur Mundi, Dist Indore- 452 012, M.P

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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 000529 is the code of the Nihalpur Mundi branch. In the MICR code 452234503, 452 is the city, 234 the bank and 503 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.

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Common questions.

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  1. The IFSC of Indusind Bank's Nihalpur Mundi branch (Nihalpur Mundi, Madhya Pradesh) is INDB0000529.

  2. 452234503. MICR is printed at the bottom of the branch's cheques.

  3. 303a, Silicon City, Mansee Heights, Village Nihalpur Mundi, Dist Indore- 452 012, M.P

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0000529 with the beneficiary's account number.

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