INDUSIND BANKVerified Feb 2026

INDUSIND BANK IFSC Code – SHUJALPUR, SHUJALPUR

Complete bank details including IFSC code, MICR code, address and payment facilities for SHUJALPUR branch.

IFSC Code
INDB0000241

Bank Details

Bank NameINDUSIND BANK
Branch NameSHUJALPUR
IFSC CodeINDB0000241
MICR Code465234051
AddressASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333
CitySHUJALPUR
DistrictSHAJAPUR
StateMADHYA PRADESH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code INDB0000241

The IFSC code INDB0000241 uniquely identifies the SHUJALPUR branch of INDUSIND BANK located in SHUJALPUR, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code INDB0000241

  • First 4 characters (INDB) – Represents INDUSIND BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000241) – Unique branch identifier for SHUJALPUR

How to Use IFSC Code INDB0000241

To transfer money to any account at INDUSIND BANK SHUJALPUR branch, you will need to provide the IFSC code INDB0000241 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SHUJALPUR

  • 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 SHUJALPUR Branch

INDUSIND BANK SHUJALPUR is a branch of INDUSIND BANK located in SHUJALPUR, MADHYA PRADESH. The branch provides comprehensive banking services to customers in SHUJALPUR and surrounding areas.

Branch Address

ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333, SHUJALPUR, MADHYA PRADESH

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 465234051. 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 SHUJALPUR?

The IFSC code of INDUSIND BANK SHUJALPUR branch in SHUJALPUR is INDB0000241.

What is the MICR code of INDUSIND BANK SHUJALPUR?

The MICR code of INDUSIND BANK SHUJALPUR branch is 465234051.

What is the address of INDUSIND BANK SHUJALPUR?

INDUSIND BANK SHUJALPUR branch is located at ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333.

Does INDUSIND BANK SHUJALPUR support NEFT/RTGS/IMPS?

INDUSIND BANK SHUJALPUR branch supports NEFT, RTGS, IMPS, and UPI transactions.