Branch Details — IDIB000P233
| Bank Name | Indian Bank |
| Branch Name | Palasia Formerly Ind Msme Indore |
| IFSC Code | IDIB000P233 |
| MICR Code | 452019007 |
| Bank Code (RBI) | IDIB |
| Branch Code | 00P233 |
| Address | ADITYA ENCLAVE C1 HIG MAIN ROAD NEAR LIG SQUARE PIN 452015 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| Contact | +917312433288 |
| Toll Free | 1800-425-00000 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using IDIB000P233
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC IDIB000P233.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC IDIB000P233.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is IDIB000P233. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Indian Bank Palasia Formerly Ind Msme Indore branch, Indore, Madhya Pradesh.
The MICR code is 452019007. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: ADITYA ENCLAVE C1 HIG MAIN ROAD NEAR LIG SQUARE PIN 452015. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
IDIB identifies Indian Bank. The 5th character 0 is reserved by RBI. The last 6 characters 00P233 identify the Palasia Formerly Ind Msme Indore branch.
Yes. Indian Bank Palasia Formerly Ind Msme Indore Branch (IFSC: IDIB000P233) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC IDIB000P233 → select NEFT/RTGS/IMPS → confirm with OTP.