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Indusind Bank · S.A.S Nagar

INDB0000621: Indusind Bank, Sector Phase Mohali

IFSC code INDB0000621 belongs to the Sector Phase Mohali branch of Indusind Bank in S.A.S Nagar, Punjab. Its MICR code is 160234020.

IFSC
INDB0000621
MICR
160234020
Bank
Indusind Bank
Branch
Sector Phase Mohali
District
S.A.S Nagar
State
Punjab
Phone
+911724604738

Branch address

Indusind Bank
Sco 46 Sector 54 Phase 2 Sas Nagar Mohali Punjab 160 054

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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 000621 is the code of the Sector Phase Mohali branch. In the MICR code 160234020, 160 is the city, 234 the bank and 020 the branch.

Other Indusind Bank branches in S.A.S Nagar

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 Sector Phase Mohali branch (S.A.S Nagar, Punjab) is INDB0000621.

  2. 160234020. MICR is printed at the bottom of the branch's cheques.

  3. Sco 46 Sector 54 Phase 2 Sas Nagar Mohali Punjab 160 054

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0000621 with the beneficiary's account number.

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