Indian Bank NEW PALASIA INDORE Branch IFSC Code

IDIB 000I525
Indian Bank Logo Indian Bank
NEW PALASIA INDORE — INDORE, MADHYA PRADESH
MICR: 452019008 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
NEW PALASIA INDORE
IFSC Code
IDIB000I525
MICR Code
452019008
Address
EMBASSY TOWERS A1NEW PALASIA INDORE PIN 452002
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City
INDORE
District
INDORE
State
MADHYA PRADESH
Contact
+917381629911

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000I525 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 IDIB000I525.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000I525.

IFSC Code Structure

I
D
I
B
0
0
0
I
5
2
5
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00I525 — Branch code (NEW PALASIA INDORE)

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Frequently Asked Questions

Is IDIB000I525 valid for online transfer?
Yes, IDIB000I525 is a valid IFSC code for Indian Bank NEW PALASIA INDORE branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000I525 belong to?
IDIB000I525 belongs to Indian Bank. The first 4 characters "IDIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Bank NEW PALASIA INDORE is 452019008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000I525?
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.