Indian Bank Microsate Branch Palakol IFSC Code: IDIB000M228
Branch Code: 00M228 | SURYATEJAS NAGAR, SURYATEJAS NAGAR, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for Indian Bank, Microsate Branch Palakol in SURYATEJAS NAGAR, ANDHRA PRADESH is IDIB000M228. The MICR code for cheque clearance is 534019303.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- MICROSATE BRANCH PALAKOL
- MICR Code
- City / District
- SURYATEJAS NAGAR (SURYATEJAS NAGAR)
- State
- ANDHRA PRADESH
- Postal Pincode
- 534260
2611/3A SURYATEJAS NAGAR SURYATEJAS NAGAR PALAKOL PIN 534260, Pincode: 534260
How to Read IFSC Code: IDIB000M228
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 (IDIB000M228)
Which bank does IFSC Code IDIB000M228 belong to?
IFSC Code IDIB000M228 belongs to Indian Bank for its MICROSATE BRANCH PALAKOL branch, located in SURYATEJAS NAGAR, ANDHRA PRADESH. The 4-letter prefix 'IDIB' represents Indian Bank.
What is the IFSC Code for Indian Bank MICROSATE BRANCH PALAKOL branch?
The IFSC Code for Indian Bank MICROSATE BRANCH PALAKOL branch in SURYATEJAS NAGAR, ANDHRA PRADESH is IDIB000M228. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank MICROSATE BRANCH PALAKOL branch?
The branch is located at: 2611/3A SURYATEJAS NAGAR SURYATEJAS NAGAR PALAKOL PIN 534260, Pincode: 534260, SURYATEJAS NAGAR, ANDHRA PRADESH.
What is the MICR Code for Indian Bank MICROSATE BRANCH PALAKOL?
The MICR Code for electronic cheque clearing at Indian Bank MICROSATE BRANCH PALAKOL is 534019303.
How can I contact Indian Bank MICROSATE BRANCH PALAKOL branch?
You can contact the branch at: Phone: +919542221982. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000M228?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00M228' represent the specific MICROSATE BRANCH PALAKOL branch code.
Parent Directory Links
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