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INDB0000587 — Indusind Bank, Salt Lake, Sector-v, Kolkata

INDB0000587 is the IFSC code of Indusind Bank, Salt Lake, Sector-v, Kolkata branch, Kolkata, West Bengal. MICR 700234021. NEFT yes, RTGS yes, IMPS yes.

IFSC codeINDB0000587
BankIndusind Bank
BranchSalt Lake, Sector-v, Kolkata
AddressGROUND FLOOR (FRONT SIDE), MERLIN INFINITY, DN-51, SALT LAKE, SECTOR-V, KOLKATA- 700 064, WEST BENGAL
CityKolkata
DistrictKolkatta
StateWest Bengal
MICR code700234021
SWIFT code—
Phone—
NEFTYes
RTGSYes
IMPSYes
UPIYes

Source: Reserve Bank of India IFSC/MICR list, as compiled by the open-source Razorpay IFSC dataset (MIT licence), updated 08 Nov 2026. Always confirm the IFSC with your bank before sending money.

Other Indusind Bank branches in Kolkata

How to read IFSC INDB0000587

PartMeaning
INDBBank code – Indusind Bank
0Fifth character, always zero (kept for future use)
000587Branch code – Salt Lake, Sector-v, Kolkata, Kolkata

The MICR code 700234021 is printed at the bottom of cheques from this branch: 700 is the city code, 234 the bank code and 021 the branch code. MICR is used only for cheque clearing; online transfers need the IFSC.

Sending money to Indusind Bank, Salt Lake, Sector-v, Kolkata

Payments this branch can receive using IFSC INDB0000587:

  • NEFT – available 24×7, all days; RBI sets no minimum or maximum amount (your bank may set its own limit).
  • RTGS – for ₹2 lakh and above, settled in real time, 24×7.
  • IMPS – instant transfer 24×7, usually up to ₹5 lakh per transaction.
  • UPI – accounts at this branch can be linked to UPI apps.

To pay someone here you need their account number, the account holder’s name and the IFSC INDB0000587.

Questions about IFSC INDB0000587

What is the IFSC code of Indusind Bank, Salt Lake, Sector-v, Kolkata branch?

The IFSC code of Indusind Bank, Salt Lake, Sector-v, Kolkata branch (Kolkata, West Bengal) is INDB0000587.

What is the MICR code of Indusind Bank, Salt Lake, Sector-v, Kolkata?

The MICR code of this branch is 700234021.

Where is Indusind Bank, Salt Lake, Sector-v, Kolkata branch located?

The branch address is GROUND FLOOR (FRONT SIDE), MERLIN INFINITY, DN-51, SALT LAKE, SECTOR-V, KOLKATA- 700 064, WEST BENGAL (West Bengal).

Does INDB0000587 support RTGS and NEFT?

NEFT: yes. RTGS: yes. IMPS: yes (as per the RBI list in our records).

Income tax refund not received?

A refund fails when the bank account on the income tax portal is not pre-validated or the IFSC has changed after a bank merger. We fix the account, raise a refund re-issue request and follow up — online, anywhere in India.

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