Indian Bank MICROSATE BRANCH PALAKOL Branch IFSC Code

IDIB 000M228
Indian Bank Logo Indian Bank
MICROSATE BRANCH PALAKOL — WEST GODAVARI, ANDHRA PRADESH
MICR: 534019303 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
MICROSATE BRANCH PALAKOL
IFSC Code
IDIB000M228
MICR Code
534019303
Address
2611/3A SURYATEJAS NAGAR SURYATEJAS NAGAR PALAKOL PIN 534260
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City
WEST GODAVARI
District
SURYATEJAS NAGAR
State
ANDHRA PRADESH
Contact
+919542221982

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000M228 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 IDIB000M228.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M228.

IFSC Code Structure

I
D
I
B
0
0
0
M
2
2
8
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00M228 — Branch code (MICROSATE BRANCH PALAKOL)

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Frequently Asked Questions

Is IDIB000M228 valid for online transfer?
Yes, IDIB000M228 is a valid IFSC code for Indian Bank MICROSATE BRANCH PALAKOL branch in WEST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000M228 belong to?
IDIB000M228 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 MICROSATE BRANCH PALAKOL is 534019303. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000M228?
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.