INDUSIND BANK IFSC Code

IndusInd Bank is one of India's leading private sector banks, known for its innovative products and customer-centric approach. Established in 1994, the bank has grown to operate through over 2,600 branches across India. IndusInd Bank is recognized for its expertise in consumer finance, commercial banking, and digital innovation.

Foundation and Philosophy

IndusInd Bank was established in 1994 by Srichand P. Hinduja and the Hinduja Group with the vision of building a world-class Indian bank. The bank derives its name from the Indus Valley Civilization, symbolizing a blend of heritage and modernity. IndusInd Bank commenced operations with a focus on technology-enabled banking and customer service excellence.

Over the years, IndusInd Bank has grown through organic expansion and strategic acquisitions, including the merger with Bharat Financial Inclusion Limited in 2019, which significantly expanded its microfinance operations.

Banking Products and Services

IndusInd Bank offers a comprehensive range of banking products for individuals and businesses. Personal banking services include various savings accounts, fixed deposits, and premium banking services under the Privilege, Pioneer, and Signature programs. The bank's savings accounts offer attractive features including higher interest rates on savings.

Loan products include home loans, personal loans, car loans, two-wheeler loans, and education loans. IndusInd Bank is a leader in vehicle finance, with strong expertise in car and two-wheeler loans. The bank's credit cards are popular for their reward programs and exclusive offers.

IndusMobile and Digital Innovation

IndusInd Bank has been at the forefront of digital innovation in Indian banking. The 'IndusMobile' app offers comprehensive banking services including account management, fund transfers, bill payments, and UPI transactions. The bank introduced several innovative features including video banking, voice-enabled banking, and fingerprint-based transactions.

IndusInd Bank was one of the first banks in India to launch a WhatsApp banking service, allowing customers to perform various banking transactions through WhatsApp.

Consumer Finance Excellence

IndusInd Bank has built strong expertise in consumer finance, particularly in vehicle loans. The bank is one of the largest financiers of cars, commercial vehicles, and two-wheelers in India. The consumer finance division offers quick loan approvals and competitive interest rates.

Commercial and Corporate Banking

IndusInd Bank provides comprehensive banking solutions for businesses of all sizes. Commercial banking services include working capital finance, trade finance, and cash management. Corporate banking offerings include project finance, structured finance, and treasury services.

Microfinance and Financial Inclusion

Through the merger with Bharat Financial, IndusInd Bank has become a significant player in microfinance. The bank provides small loans to women entrepreneurs and self-help groups, supporting livelihoods at the grassroots level. This expansion has strengthened the bank's rural and semi-urban presence.

Wealth Management

IndusInd Bank offers comprehensive wealth management services through its private banking division. Services include portfolio management, investment advisory, estate planning, and access to exclusive investment opportunities.

Diamond and Gems Banking

IndusInd Bank has specialized expertise in diamond and gems industry banking, leveraging the Hinduja Group's connections with the global diamond trade. The bank provides specialized products and services for this industry.

Awards and Recognition

IndusInd Bank has received numerous awards for its digital innovation, customer service, and banking excellence. The bank has been recognized for its mobile banking app, credit card products, and consumer finance operations.