Indian Bank PALASIA FORMERLY IND MSME INDORE Branch IFSC Code

IDIB 000P233

Indian Bank

PALASIA FORMERLY IND MSME INDORE — INDORE, MADHYA PRADESH

MICR: 452019007 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank: Indian Bank
Branch: PALASIA FORMERLY IND MSME INDORE
IFSC Code: IDIB000P233
MICR Code: 452019007
Address: ADITYA ENCLAVE C1 HIG MAIN ROAD NEAR LIG SQUARE PIN 452015
City: INDORE
District: INDORE
State: MADHYA PRADESH
Contact: +917312433288

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P233 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 IDIB000P233.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P233.

IFSC Code Structure

IDIB — Bank code (Indian Bank)
0 — Reserved (always 0)
00P233 — Branch code (PALASIA FORMERLY IND MSME INDORE)

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Frequently Asked Questions

Is IDIB000P233 valid for online transfer?

Yes, IDIB000P233 is a valid IFSC code for Indian Bank PALASIA FORMERLY IND MSME INDORE branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.

What bank does IDIB000P233 belong to?

IDIB000P233 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 PALASIA FORMERLY IND MSME INDORE is 452019007. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.

Can I do RTGS using IDIB000P233?

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.