IDIB000P540 IFSC Code, INDIAN BANK, PALOHA

IFSC Code of Indian Bank, Paloha, Madhya Pradesh IFSC CODE & MICR CODE

INDIAN BANK, PALOHA - IDIB000P540

  • Bank name: INDIAN BANK

Bank Address: Vill Po Paloha Via Gadarwara Paloha Paloha Paloha Pin 487555

  • IFSC Code idib000p540
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918248563855
  • Bank branch PALOHA
  • Bank ISO3166 Code IN-MP
  • Bank Center PALOHA
  • MICR Code 487019005
  • State name MADHYA PRADESH
  • District name PALOHA
  • City name NARSIMHAPUR
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN BANK, PALOHA branch is IDIB000P540, ensures that your transactions are directed to the correct branch.

How to Use IDIB000P540 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the PALOHA branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.