Indian Bank Park Town Branch IFSC Code: IDIB000P024
Branch Code: 00P024 | CHENNAI, Chennai, Tamil Nadu
The official Indian Financial System Code (IFSC) for Indian Bank, Park Town branch in CHENNAI, Tamil Nadu is IDIB000P024. The MICR code for cheque clearance is 600019042.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- PARK TOWN
- MICR Code
- City / District
- CHENNAI (Chennai)
- State
- Tamil Nadu
- Postal Pincode
- 600003
53 RAJAMUTHIAH SALAI PERIAMET CHENNAI PERIAMET PIN 600003, Pincode: 600003
How to Read IFSC Code: IDIB000P024
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 (IDIB000P024)
Which bank does IFSC Code IDIB000P024 belong to?
IFSC Code IDIB000P024 belongs to Indian Bank for its PARK TOWN branch, located in CHENNAI, Tamil Nadu. The 4-letter prefix 'IDIB' represents Indian Bank.
What is the IFSC Code for Indian Bank PARK TOWN branch?
The IFSC Code for Indian Bank PARK TOWN branch in CHENNAI, Tamil Nadu is IDIB000P024. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank PARK TOWN branch?
The branch is located at: 53 RAJAMUTHIAH SALAI PERIAMET CHENNAI PERIAMET PIN 600003, Pincode: 600003, CHENNAI, Tamil Nadu.
What is the MICR Code for Indian Bank PARK TOWN?
The MICR Code for electronic cheque clearing at Indian Bank PARK TOWN is 600019042.
How can I contact Indian Bank PARK TOWN branch?
You can contact the branch at: Phone: +914425610422. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000P024?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00P024' represent the specific PARK TOWN branch code.
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