Indusind Bank · Shajapur

IndusInd Shujalpur IFSC code

IFSC code

✔ In RBI list v2.0.62

INDB0000241

MICR code

465City

234Bank

051Branch

IFSC code: INDB0000241
MICR code: 465234051
Bank: Indusind Bank
Branch: Shujalpur
Address: ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333
City: Shajapur
District: Shujalpur
State: Madhya Pradesh
Bank code: INDB
Branch code: 000241
Payment systems: NEFT, RTGS, IMPS, UPI

Quick summary✔ RBI data Last synced 24 October 2026 · release v2.0.62

The IFSC code of Indusind Bank, Shujalpur branch (Shajapur, Madhya Pradesh) is INDB0000241. Its MICR code is 465234051. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

Bank code INDB — identifies Indusind Bank
5th character 0 — reserved by the RBI
Branch code 000241 — identifies Shujalpur
MICR 465234051 — city 465, bank 234, branch 051
Payments NEFT, RTGS, IMPS, UPI

Sources & verification

✔ Official source: RBI IFSC & MICR master list
✔ Dataset release v2.0.62
✔ Last updated 24 October 2026
✔ Format checked (11-character IFSC, 9-digit MICR)

Frequently asked questions

What is the IFSC code of IndusInd Shujalpur?

INDB0000241. It identifies the Shujalpur branch of Indusind Bank in Shajapur, Madhya Pradesh.

What is the MICR code of IndusInd Shujalpur?

465234051. It is printed at the bottom of cheques issued by this branch.

Where is IndusInd Shujalpur branch?

ASHRA PLACE,NEAR CHOUBEY SCHOOL, SHUJALPUR MANDI, 465 333, Madhya Pradesh.

Does INDB0000241 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of INDB0000241 mean?

INDB is the bank code of Indusind Bank, the 5th character "0" is reserved by the RBI, and 000241 is the branch code of Shujalpur.