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Indusind Bank

GYALSHING BRANCH

+918433978043

IFSC CODE
INDB0002024
MICR Code 737234052
Branch Code 002024
City / District WEST SIKKIM
State SIKKIM
Office Address GROUND FLOORBAKES AND CAKES BUILDING PANDEY COLONY GYALSHING P O P S GYALSHING SIKKIM 737111
Phone +918433978043
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Understanding IFSC Code: The Digital DNA of Indusind Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the GYALSHING branch of Indusind Bank, the code INDB0002024 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the INDB0002024 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"INDB" represents Indusind Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for GYALSHING

Payment Systems Supported by INDB0002024

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—737234052—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Indusind Bank in WEST SIKKIM typically follows the RBI holiday calendar. Digital transfers via INDB0002024 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While INDB0002024 is the valid code for GYALSHING at WEST SIKKIM, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Indusind Bank Branch List
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Financial Tools

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Branch Context

  • • GYALSHING Contact
  • • Address of Indusind Bank
  • • MICR Code Finder
  • • SIKKIM Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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