Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Indian Bank, PALASA
- IFSC
- IDIB000P256
- BRANCH
- PALASA
- ADDRESS
- 204115 OPP SBI PURUSHOTHAPURAM PALASA PALASA PIN 532221
- BANKCODE
- IDIB
- MICR
- 532019102
- DISTRICT
- PALASA
- CITY
- SRIKAKULAM
- STATE
- ANDHRA PRADESH
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (IDIB in IDIB000P256) are the bank code, identifying Indian Bank.
- The fifth character (0 in IDIB000P256) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (00P256 in IDIB000P256) are the branch code for PALASA.
For example, IDIB000P256 is the IFSC for Indian Bank’s PALASA branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
