IFSCIndex

Indusind Bank Burj Mehma IFSC Code

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Indusind Bank

INDB0001342

IFSC · Used for NEFT, IMPS & RTGS

151234004

MICR · Used for Cheque Clearance

Branch

Burj Mehma

Address

Property Of Mr Harjas Singh House No 100 Village Burj Mehma Po Goniana Mandi Tehsil And District Bhatinda Punjab 151201

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District

Bhatinda

State

Punjab

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Frequently Asked Questions

About Indusind Bank Burj Mehma (no 100 Village Burj Mehma - 1342), Bhatinda

The IFSC code INDB0001342 (lowercase: indb0001342) belongs to Indusind Bank, specifically the Burj Mehma (no 100 Village Burj Mehma - 1342) branch located in Bhatinda, Punjab.

The 5th character in the IFSC code INDB0001342 is a zero (0), not the letter 'O'. The correct format is INDB0001342 (lowercase: indb0001342), and not INDBO001342. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Indusind Bank Burj Mehma (no 100 Village Burj Mehma - 1342) in Bhatinda, Punjab is INDB0001342. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Indusind Bank Burj Mehma (no 100 Village Burj Mehma - 1342) is located at Property Of Mr Harjas Singh House No 100 Village Burj Mehma Po Goniana Mandi Tehsil And District Bhatinda Punjab 151201, Bhatinda, Punjab. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Indusind Bank Burj Mehma (no 100 Village Burj Mehma - 1342) is 151234004. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code INDB0001342 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code INDB0001342 by checking: (1) The top-left corner of any Indusind Bank Burj Mehma (no 100 Village Burj Mehma - 1342) cheque leaf, (2) The first page of your Indusind Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: INDB0001342

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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INDB
Bank Codechars 1–4
0Reservedchar 5
001342
Branch Codechars 6–11

INDB0001342

What Each Part Means

Bank Code — INDB
The first 4 characters uniquely identify Indusind Bank at the national level. Every branch of Indusind Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 001342
The final 6 characters 001342 uniquely identify this specific branch within the Indusind Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code INDB0001342
SegmentCharsValuePurpose
Bank Code1–4INDBIdentifies Indusind Bank
Reserved50RBI reserved (always 0)
Branch Code6–11001342Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchINDB0001342151234004
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.