INDIAN BANK IFSC Code – PALACODE, PALACODE
Complete bank details including IFSC code, MICR code, address and payment facilities for PALACODE branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | PALACODE |
| IFSC Code | IDIB000P003 |
| MICR Code | 636019096 |
| Address | 109E FIRST FLOOR MAIN ROAD 636808 |
| City | PALACODE |
| District | DHARMAPURI |
| State | TAMIL NADU |
| Contact | 0 |
Payment Facilities
About IFSC Code IDIB000P003
The IFSC code IDIB000P003 uniquely identifies the PALACODE branch of INDIAN BANK located in PALACODE, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IDIB000P003
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00P003) – Unique branch identifier for PALACODE
How to Use IFSC Code IDIB000P003
To transfer money to any account at INDIAN BANK PALACODE branch, you will need to provide the IFSC code IDIB000P003 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PALACODE
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN BANK PALACODE Branch
INDIAN BANK PALACODE is a branch of INDIAN BANK located in PALACODE, TAMIL NADU. The branch provides comprehensive banking services to customers in PALACODE and surrounding areas.
Branch Address
109E FIRST FLOOR MAIN ROAD 636808, PALACODE, TAMIL NADU
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 636019096. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN BANK PALACODE?
The IFSC code of INDIAN BANK PALACODE branch in PALACODE is IDIB000P003.
What is the MICR code of INDIAN BANK PALACODE?
The MICR code of INDIAN BANK PALACODE branch is 636019096.
What is the address of INDIAN BANK PALACODE?
INDIAN BANK PALACODE branch is located at 109E FIRST FLOOR MAIN ROAD 636808.
Does INDIAN BANK PALACODE support NEFT/RTGS/IMPS?
INDIAN BANK PALACODE branch supports NEFT, RTGS, IMPS, and UPI transactions.