Indian Bank Highway Road Palanpur Branch โ€” IFSC Code

BANASKANTHA, GUJARAT

IFSC Code

IDIB000P531

IFSC CodeIDIB000P531
MICR Code385019002
BankIndian Bank
BranchHighway Road Palanpur
CityBANASKANTHA
DistrictPALANPUR
StateGUJARAT
AddressSHOP NO 5458 SANSKRIT SHOPPING MALL OPP INCOME TAX OFFICE ABU HIGHWAY ROAD PALANPUR PIN 385001
Contact+919702299242
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Indian Bank official site โ†’

How to Use IFSC Code IDIB000P531

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: IDIB000P531
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” Indian Bank

IDIB000P531
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Indian Bank Highway Road Palanpur?

The IFSC code is IDIB000P531. Use this for NEFT, RTGS, and IMPS transfers to Indian Bank Highway Road Palanpur branch in BANASKANTHA.

What is the MICR code of Indian Bank Highway Road Palanpur?

The MICR code is 385019002. MICR codes are used for cheque processing, not for digital transfers.

Is IDIB000P531 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use IDIB000P531 only for NEFT, RTGS, or IMPS when adding a bank account manually.

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