Indusind Bank DAON Branch IFSC Code
INDB 0000254
Indusind Bank DAON — SAS NAGAR(MOHALI), PUNJAB
MICR: 160234010
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indusind Bank
- Branch
- DAON
- IFSC Code
- INDB0000254
- MICR Code
- 160234010
- Address
- SHOP NO.2, GREEN ENCLAVE, KHARAR ROAD, DAON - 140301, TEHSIL & DIST MOHALI Open in Google Maps
- City
- SAS NAGAR(MOHALI)
- District
- RUPNAGAR
- State
- PUNJAB
How to Use This IFSC Code
NEFT Transfer
Use IFSC code INDB0000254 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code INDB0000254.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code INDB0000254.
IFSC Code Structure
I
N
D
B
0
0
0
0
2
5
4
- INDB — Bank code (Indusind Bank)
- 0 — Reserved (always 0)
- 000254 — Branch code (DAON)
Frequently Asked Questions
Is INDB0000254 valid for online transfer?
Yes, INDB0000254 is a valid IFSC code for Indusind Bank DAON branch in SAS NAGAR(MOHALI), PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does INDB0000254 belong to?
INDB0000254 belongs to Indusind Bank. The first 4 characters "INDB" identify the bank.
What is the MICR code for this branch?
The MICR code for Indusind Bank DAON is 160234010. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using INDB0000254?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.