Indian Bank HIGHWAY ROAD PALANPUR Branch IFSC Code

IDIB 000P531
Indian Bank Logo Indian Bank
HIGHWAY ROAD PALANPUR — BANASKANTHA, GUJARAT
MICR: 385019002 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
HIGHWAY ROAD PALANPUR
IFSC Code
IDIB000P531
MICR Code
385019002
Address
SHOP NO 5458 SANSKRIT SHOPPING MALL OPP INCOME TAX OFFICE ABU HIGHWAY ROAD PALANPUR PIN 385001
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City
BANASKANTHA
District
PALANPUR
State
GUJARAT
Contact
+919702299242

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P531 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 IDIB000P531.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P531.

IFSC Code Structure

I
D
I
B
0
0
0
P
5
3
1
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00P531 — Branch code (HIGHWAY ROAD PALANPUR)

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Frequently Asked Questions

Is IDIB000P531 valid for online transfer?
Yes, IDIB000P531 is a valid IFSC code for Indian Bank HIGHWAY ROAD PALANPUR branch in BANASKANTHA, GUJARAT. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000P531 belong to?
IDIB000P531 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 HIGHWAY ROAD PALANPUR is 385019002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000P531?
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.