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Indusind Bank · Madurai

INDB0001591: Indusind Bank, Good Shed Street

IFSC code INDB0001591 belongs to the Good Shed Street branch of Indusind Bank in Madurai, Tamil Nadu. Its MICR code is 625234006.

IFSC
INDB0001591
MICR
625234006
Bank
Indusind Bank
Branch
Good Shed Street
District
Madurai
State
Tamil Nadu
Phone
+914524353469

Branch address

Indusind Bank
Indusind Bank Ltd Ground Floor Suriya Tower No 272 and 273 Good Shed Street Madurai 625001

Open in a map · Pincode 625001: 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 001591 is the code of the Good Shed Street branch. In the MICR code 625234006, 625 is the city, 234 the bank and 006 the branch.

Other Indusind Bank branches in Madurai

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 Good Shed Street branch (Madurai, Tamil Nadu) is INDB0001591.

  2. 625234006. MICR is printed at the bottom of the branch's cheques.

  3. Indusind Bank Ltd Ground Floor Suriya Tower No 272 and 273 Good Shed Street Madurai 625001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0001591 with the beneficiary's account number.

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