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Indian Bank

VELANDIPALAYAM Branch, COIMBATORE

IFSC Code
IDIB000V516
Required for NEFT, RTGS, IMPS money transfers
MICR Code
641019069
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IDIB Bank Code (1-4)
0 Control Zero (5th)
00V516 Branch Code (6-11)

Complete Branch Details

Full Address NO 32 BHARATHI TOWERS THADAGAM ROAD EDYARPALAYAM JUNCTION VELANDIPALAYAM POST PIN 641025
State TAMIL NADU
District / City EDYARPALAYAM JUNCTION
Centre / Region EDYARPALAYAM JUNCTION
Contact / Helpline +914222406938
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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 IDIB000V516.
  4. Confirm bank name displays as Indian Bank and branch as VELANDIPALAYAM.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IDIB000V516)

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

The verified 11-digit IFSC code is IDIB000V516. 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 VELANDIPALAYAM? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 641019069. 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 32 BHARATHI TOWERS THADAGAM ROAD EDYARPALAYAM JUNCTION VELANDIPALAYAM POST PIN 641025, located in EDYARPALAYAM JUNCTION district, TAMIL NADU.

Other Indian Bank Branches in EDYARPALAYAM JUNCTION

IDIB000L008

LAWLY ROAD Branch

COIMBATORE, TAMIL NADU

 IDIB000K098

KERALAPURAM Branch

KOLLAM, KERALA

 IDIB000K199

KADUTHURUTHY Branch

KOTTAYAM, KERALA

 IDIB000P129

PARAMAKUDI Branch

RAMANATHAPURAM, TAMIL NADU

 IDIB000S269

SALEM JUNCTION Branch

SALEM, TAMIL NADU

 IDIB000V112

VADANAPALLY Branch

THRISSUR, KERALA

 IDIB000A215

ANAMALAI Branch

COIMBATORE, TAMIL NADU

 IDIB000C130

HOPE COLLEGE Branch

COIMBATORE, TAMIL NADU

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