Indian Bank VELANDIPALAYAM Branch IFSC Code
IDIB 000V516
Indian Bank VELANDIPALAYAM — COIMBATORE, TAMIL NADU
MICR: 641019069
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Bank
- Branch
- VELANDIPALAYAM
- IFSC Code
- IDIB000V516
- MICR Code
- 641019069
- Address
- NO 32 BHARATHI TOWERS THADAGAM ROAD EDYARPALAYAM JUNCTION VELANDIPALAYAM POST PIN 641025 Open in Google Maps
- City
- COIMBATORE
- District
- EDYARPALAYAM JUNCTION
- State
- TAMIL NADU
- Contact
- +914222406938
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IDIB000V516 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 IDIB000V516.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000V516.
IFSC Code Structure
I
D
I
B
0
0
0
V
5
1
6
- IDIB — Bank code (Indian Bank)
- 0 — Reserved (always 0)
- 00V516 — Branch code (VELANDIPALAYAM)
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Frequently Asked Questions
Is IDIB000V516 valid for online transfer?
Yes, IDIB000V516 is a valid IFSC code for Indian Bank VELANDIPALAYAM branch in COIMBATORE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000V516 belong to?
IDIB000V516 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 VELANDIPALAYAM is 641019069. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000V516?
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.