Indian Bank PANAIKULAM Branch IFSC Code

IDIB 000P247
Indian Bank Logo Indian Bank
PANAIKULAM — RAMANATHAPURAM, TAMIL NADU
MICR: 623019008 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
PANAIKULAM
IFSC Code
IDIB000P247
MICR Code
623019008
Address
9/14263 MAIN ROAD PANAIKULAM PANAIKULAM PIN 623522
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City
RAMANATHAPURAM
District
PANAIKULAM
State
TAMIL NADU
Contact
+919489909055

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P247 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 IDIB000P247.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P247.

IFSC Code Structure

I
D
I
B
0
0
0
P
2
4
7
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00P247 — Branch code (PANAIKULAM)

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Frequently Asked Questions

Is IDIB000P247 valid for online transfer?
Yes, IDIB000P247 is a valid IFSC code for Indian Bank PANAIKULAM branch in RAMANATHAPURAM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000P247 belong to?
IDIB000P247 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 PANAIKULAM is 623019008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000P247?
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.