Indian Bank PALAKOL Branch IFSC Code

IDIB 000P004
Indian Bank Logo Indian Bank
PALAKOL — WEST GODAVARI, ANDHRA PRADESH
MICR: 534019302 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
PALAKOL
IFSC Code
IDIB000P004
MICR Code
534019302
Address
4022 BUDHAVARAPU STREET PALAKOL PALAKOL POST PIN 534260
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City
WEST GODAVARI
District
PALAKOL
State
ANDHRA PRADESH
Contact
+918814222918

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P004 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 IDIB000P004.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P004.

IFSC Code Structure

I
D
I
B
0
0
0
P
0
0
4
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00P004 — Branch code (PALAKOL)

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Frequently Asked Questions

Is IDIB000P004 valid for online transfer?
Yes, IDIB000P004 is a valid IFSC code for Indian Bank PALAKOL branch in WEST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000P004 belong to?
IDIB000P004 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 PALAKOL is 534019302. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000P004?
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.