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Indusind Bank · Visakhapatanam

INDB0001615: Indusind Bank, Madhurwada

IFSC code INDB0001615 belongs to the Madhurwada branch of Indusind Bank in Visakhapatanam, Andhra Pradesh. Its MICR code is 530234007.

IFSC
INDB0001615
MICR
530234007
Bank
Indusind Bank
Branch
Madhurwada
District
Visakhapatanam
State
Andhra Pradesh
Phone
+918912722560

Branch address

Indusind Bank
Door No 16 4e in the Building Known As Sea Trust Building 80 Feet Road P M Palem Madhurawada Vishakhapatnam 530041

Open in a map · Pincode 530041: 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 001615 is the code of the Madhurwada branch. In the MICR code 530234007, 530 is the city, 234 the bank and 007 the branch.

Other Indusind Bank branches in Visakhapatanam

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 Madhurwada branch (Visakhapatanam, Andhra Pradesh) is INDB0001615.

  2. 530234007. MICR is printed at the bottom of the branch's cheques.

  3. Door No 16 4e in the Building Known As Sea Trust Building 80 Feet Road P M Palem Madhurawada Vishakhapatnam 530041

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0001615 with the beneficiary's account number.

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