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Indusind Bank · Palghar

INDB0000582: Indusind Bank, Bhayandar

IFSC code INDB0000582 belongs to the Bhayandar branch of Indusind Bank in Palghar, Maharashtra. Its MICR code is 400234039.

IFSC
INDB0000582
MICR
400234039
Bank
Indusind Bank
Branch
Bhayandar
District
Palghar
State
Maharashtra
Phone
+912228040101

Branch address

Indusind Bank
Shree M.B.Trade Center,Near Railway Phatak,Bhayander East,Thane 401105,Maharashtra

Open in a map · Pincode 401105: 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 000582 is the code of the Bhayandar branch. In the MICR code 400234039, 400 is the city, 234 the bank and 039 the branch.

Other Indusind Bank branches in Palghar

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 Bhayandar branch (Palghar, Maharashtra) is INDB0000582.

  2. 400234039. MICR is printed at the bottom of the branch's cheques.

  3. Shree M.B.Trade Center,Near Railway Phatak,Bhayander East,Thane 401105,Maharashtra

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0000582 with the beneficiary's account number.

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