Indian Bank PALASA Branch IFSC Code

IDIB 000P256
Indian Bank Logo Indian Bank
PALASA — SRIKAKULAM, ANDHRA PRADESH
MICR: 532019102 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
PALASA
IFSC Code
IDIB000P256
MICR Code
532019102
Address
204115 OPP SBI PURUSHOTHAPURAM PALASA PALASA PIN 532221
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City
SRIKAKULAM
District
PALASA
State
ANDHRA PRADESH
Contact
+918945240245

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P256 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 IDIB000P256.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P256.

IFSC Code Structure

I
D
I
B
0
0
0
P
2
5
6
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00P256 — Branch code (PALASA)

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Frequently Asked Questions

Is IDIB000P256 valid for online transfer?
Yes, IDIB000P256 is a valid IFSC code for Indian Bank PALASA branch in SRIKAKULAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000P256 belong to?
IDIB000P256 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 PALASA is 532019102. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000P256?
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.