Indian Bank IFSC Code
NEW PALASIA INDORE Branch, INDORE, INDORE, MADHYA PRADESH
The official Indian Financial System Code (IFSC) for Indian Bank, NEW PALASIA INDORE branch in INDORE, MADHYA PRADESH is IDIB000I525. The MICR code for cheque clearance is 452019008.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- NEW PALASIA INDORE
- MICR Code
- City / District
- INDORE (INDORE)
- State
- MADHYA PRADESH
- Postal Pincode
- 452002
EMBASSY TOWERS A1NEW PALASIA INDORE PIN 452002, Pincode: 452002
How to Read IFSC Code: IDIB000I525
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Indian Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Indian Bank (IDIB000I525)
What is the IFSC Code for Indian Bank NEW PALASIA INDORE branch?
The IFSC Code for Indian Bank NEW PALASIA INDORE branch in INDORE, MADHYA PRADESH is IDIB000I525. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank NEW PALASIA INDORE branch?
The branch is located at: EMBASSY TOWERS A1NEW PALASIA INDORE PIN 452002, Pincode: 452002, INDORE, MADHYA PRADESH.
What is the MICR Code for Indian Bank NEW PALASIA INDORE?
The MICR Code for electronic cheque clearing at Indian Bank NEW PALASIA INDORE is 452019008.
How can I contact Indian Bank NEW PALASIA INDORE branch?
You can contact the branch at: Phone: +917381629911. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000I525?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00I525' represent the specific NEW PALASIA INDORE branch code.
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