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Verified Branch

Indian Bank

MICROSATE PALLAVARAM Branch, CHENGALPATTU

IFSC Code
IDIB000M186
Required for NEFT, RTGS, IMPS money transfers
MICR Code
600019154
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00M186 Branch Code (6-11)

Complete Branch Details

Full Address NO 124 FIRST FLOOR DRRAJENDRA PRASAD ROAD NEHRU NAGAR HASTHINAPURAM CHENNAI 600 044 PIN 600044
State TAMIL NADU
District / City NEHRU NAGAR HASTHINAPURAM
Centre / Region NEHRU NAGAR HASTHINAPURAM
Contact / Helpline +919444990249
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IDIB000M186.
  4. Confirm bank name displays as Indian Bank and branch as MICROSATE PALLAVARAM.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000M186)

What is the IFSC code of Indian Bank MICROSATE PALLAVARAM branch?

The verified 11-digit IFSC code is IDIB000M186. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indian Bank MICROSATE PALLAVARAM?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 600019154. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is NO 124 FIRST FLOOR DRRAJENDRA PRASAD ROAD NEHRU NAGAR HASTHINAPURAM CHENNAI 600 044 PIN 600044, located in NEHRU NAGAR HASTHINAPURAM district, TAMIL NADU.