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Indusind Bank · Nashik

INDB0001996: Indusind Bank, Makhmalabad

IFSC code INDB0001996 belongs to the Makhmalabad branch of Indusind Bank in Nashik, Maharashtra. Its MICR code is 422234009.

IFSC
INDB0001996
MICR
422234009
Bank
Indusind Bank
Branch
Makhmalabad
District
Nashik
State
Maharashtra
Phone
+912532534277

Branch address

Indusind Bank
Roongtha Shopping Center CTS No 428 1 Plot No 02 Makhmalabad Tal & Dist Nashik Maharashtra

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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 001996 is the code of the Makhmalabad branch. In the MICR code 422234009, 422 is the city, 234 the bank and 009 the branch.

Other Indusind Bank branches in Nashik

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 Makhmalabad branch (Nashik, Maharashtra) is INDB0001996.

  2. 422234009. MICR is printed at the bottom of the branch's cheques.

  3. Roongtha Shopping Center CTS No 428 1 Plot No 02 Makhmalabad Tal & Dist Nashik Maharashtra

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC INDB0001996 with the beneficiary's account number.

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