Indian Bank PALOHA Branch IFSC Code

IDIB 000P540
Indian Bank Logo Indian Bank
PALOHA — NARSIMHAPUR, MADHYA PRADESH
MICR: 487019005 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
PALOHA
IFSC Code
IDIB000P540
MICR Code
487019005
Address
VILL PO PALOHA VIA GADARWARA PALOHA PALOHA PALOHA PIN 487555
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City
NARSIMHAPUR
District
PALOHA
State
MADHYA PRADESH
Contact
+918248563855

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000P540 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 IDIB000P540.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000P540.

IFSC Code Structure

I
D
I
B
0
0
0
P
5
4
0
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00P540 — Branch code (PALOHA)

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Frequently Asked Questions

Is IDIB000P540 valid for online transfer?
Yes, IDIB000P540 is a valid IFSC code for Indian Bank PALOHA branch in NARSIMHAPUR, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000P540 belong to?
IDIB000P540 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 PALOHA is 487019005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000P540?
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.