What is the IFSC code of Indian Bank Palasa branch SRIKAKULAM?

The IFSC code of Indian Bank Palasa branch in SRIKAKULAM is IDIB000P256. MICR code is 532019102.

What is the address of Indian Bank Palasa branch?

204115 OPP SBI PURUSHOTHAPURAM PALASA PALASA PIN 532221

Indian Bank Palasa Branch — IFSC Code

Q: What is the MICR code of Indian Bank Palasa?

The MICR code of Indian Bank Palasa branch is 532019102. MICR is used for cheque processing.

SRIKAKULAM, ANDHRA PRADESH

IFSC Code

IDIB000P256

IFSC Code	IDIB000P256
MICR Code	532019102
Bank	Indian Bank
Branch	Palasa
City	SRIKAKULAM
District	PALASA
State	ANDHRA PRADESH
Address	204115 OPP SBI PURUSHOTHAPURAM PALASA PALASA PIN 532221
Contact	+918945240245
NEFT Enabled	Yes ✅
RTGS Enabled	Yes ✅
IMPS Enabled	Yes ✅
UPI Enabled	Yes ✅

📅Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Indian Bank official site →

How to Use IFSC Code IDIB000P256

1. Login to your bank's mobile app or net banking
2. Go to Fund Transfer → Add Beneficiary
3. Enter recipient's account number + IFSC: IDIB000P256
4. Wait 30 min–24 hrs for beneficiary activation
5. Transfer via NEFT (free) or RTGS (₹2L+, instant)

IFSC Code Format — Indian Bank

IDIB000P256

↑ Bank code↑ Reserved↑ Branch code

Frequently Asked Questions

What is the IFSC code of Indian Bank Palasa?

The IFSC code is IDIB000P256. Use this for NEFT, RTGS, and IMPS transfers to Indian Bank Palasa branch in SRIKAKULAM.

What is the MICR code of Indian Bank Palasa?

The MICR code is 532019102. MICR codes are used for cheque processing, not for digital transfers.

Is IDIB000P256 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC — the app resolves it automatically. Use IDIB000P256 only for NEFT, RTGS, or IMPS when adding a bank account manually.