Indian Bank IFSC Code IDIB000P527

Indian Bank – PALAKKAD-PALGHAT

IFSC Code: IDIB000P527

MICR Code: 678019901

Branch: PALAKKAD-PALGHAT

Bank: Indian Bank

Address: PALAKKAD 11/724 KAV CENTRAL CHANDRA NAGAR PALAKKAD

District: PALAKKAD

State: KERALA

Contact:

Indian Financial System Code (IFSC): IDIB000P527

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 00P527. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 678019901

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.