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INDB0002172 — Indusind Bank, Ulwe

INDB0002172 is the IFSC code of Indusind Bank, Ulwe branch, Raigad, Maharashtra. MICR 400234107. NEFT yes, RTGS yes, IMPS yes.

IFSC codeINDB0002172
BankIndusind Bank
BranchUlwe
AddressGROUND FLOOR PLATINUM EMPORIUS SECTOR ULWE TALUKA PANVEL DIST RAIGAD MAHARASHTRA 410206
CityRaigad
DistrictRaigad Mumbai
StateMaharashtra
MICR code400234107
SWIFT code—
Phone+918655678505
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 Raigad

How to read IFSC INDB0002172

PartMeaning
INDBBank code – Indusind Bank
0Fifth character, always zero (kept for future use)
002172Branch code – Ulwe, Raigad

The MICR code 400234107 is printed at the bottom of cheques from this branch: 400 is the city code, 234 the bank code and 107 the branch code. MICR is used only for cheque clearing; online transfers need the IFSC.

Sending money to Indusind Bank, Ulwe

Payments this branch can receive using IFSC INDB0002172:

  • 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 INDB0002172.

Questions about IFSC INDB0002172

What is the IFSC code of Indusind Bank, Ulwe branch?

The IFSC code of Indusind Bank, Ulwe branch (Raigad, Maharashtra) is INDB0002172.

What is the MICR code of Indusind Bank, Ulwe?

The MICR code of this branch is 400234107.

Where is Indusind Bank, Ulwe branch located?

The branch address is GROUND FLOOR PLATINUM EMPORIUS SECTOR ULWE TALUKA PANVEL DIST RAIGAD MAHARASHTRA 410206 (Maharashtra).

Does INDB0002172 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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