INDUSIND BANK IFSC Code – SALEM, SALEM
Complete bank details including IFSC code, MICR code, address and payment facilities for SALEM branch.
Bank Details
| Bank Name | INDUSIND BANK |
| Branch Name | SALEM |
| IFSC Code | INDB0000116 |
| MICR Code | 636234002 |
| Address | SANTHAM SHOPPING COMPLEX, 137 SARADHA COLLEGE, MAIN ROAD, ALAGAPURAM, SALEM 636 016 |
| City | SALEM |
| State | TAMIL NADU |
| Contact | 0 |
Payment Facilities
About IFSC Code INDB0000116
The IFSC code INDB0000116 uniquely identifies the SALEM branch of INDUSIND BANK located in SALEM, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code INDB0000116
- First 4 characters (INDB) – Represents INDUSIND BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000116) – Unique branch identifier for SALEM
How to Use IFSC Code INDB0000116
To transfer money to any account at INDUSIND BANK SALEM branch, you will need to provide the IFSC code INDB0000116 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SALEM
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDUSIND BANK SALEM Branch
INDUSIND BANK SALEM is a branch of INDUSIND BANK located in SALEM, TAMIL NADU. The branch provides comprehensive banking services to customers in SALEM and surrounding areas.
Branch Address
SANTHAM SHOPPING COMPLEX, 137 SARADHA COLLEGE, MAIN ROAD, ALAGAPURAM, SALEM 636 016, SALEM, TAMIL NADU
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 636234002. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDUSIND BANK SALEM?
The IFSC code of INDUSIND BANK SALEM branch in SALEM is INDB0000116.
What is the MICR code of INDUSIND BANK SALEM?
The MICR code of INDUSIND BANK SALEM branch is 636234002.
What is the address of INDUSIND BANK SALEM?
INDUSIND BANK SALEM branch is located at SANTHAM SHOPPING COMPLEX, 137 SARADHA COLLEGE, MAIN ROAD, ALAGAPURAM, SALEM 636 016.
Does INDUSIND BANK SALEM support NEFT/RTGS/IMPS?
INDUSIND BANK SALEM branch supports NEFT, RTGS, IMPS, and UPI transactions.