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Verified Branch

Indian Bank

PALASI Branch, NORTH 24 PARGANAS

IFSC Code
IDIB000P532
Required for NEFT, RTGS, IMPS money transfers
MICR Code
700019286
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00P532 Branch Code (6-11)

Complete Branch Details

Full Address PALASI PANCHAYAT BLD BONGAON ROAD RAMKRISHNA COLONYPALASI VILL MAJHIPARA PO PALASI MAJHIPARA PIN 743145
State WEST BENGAL
District / City PALASI
Centre / Region PALASI
Contact / Helpline +917585929315
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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 IDIB000P532.
  4. Confirm bank name displays as Indian Bank and branch as PALASI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000P532)

What is the IFSC code of Indian Bank PALASI branch? ↓

The verified 11-digit IFSC code is IDIB000P532. 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 PALASI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 700019286. 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 PALASI PANCHAYAT BLD BONGAON ROAD RAMKRISHNA COLONYPALASI VILL MAJHIPARA PO PALASI MAJHIPARA PIN 743145, located in PALASI district, WEST BENGAL.

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BAGANGRAM Branch

NORTH 24 PARGANAS, WEST BENGAL

 IDIB000B733

BENIPUR Branch

VARANASI, UTTAR PRADESH

 IDIB000C184

CHAS Branch

BOKARO, JHARKHAND

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CHALKI Branch

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 IDIB000H069

HOSUR SIPCOT Branch

KRISHNAGIRI, TAMIL NADU

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NEW PALASIA INDORE Branch

INDORE, MADHYA PRADESH

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JAGDISHPUR Branch

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