Indian Bank
PAYALI BHATALI BRANCH
+917350212408
Related Branches
Understanding IFSC Code: The Digital DNA of Indian Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the PAYALI BHATALI
branch of Indian Bank, the code IDIB000P520 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the IDIB000P520 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"IDIB" represents Indian Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for PAYALI BHATALI
Payment Systems Supported by IDIB000P520
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—442019104—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Indian Bank in KITALI typically follows the RBI holiday calendar. Digital transfers via IDIB000P520 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While IDIB000P520 is the valid code for PAYALI BHATALI at KITALI, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Indian Bank Branch List
- • KITALI IFSC Codes
- • Swift Code for Indian Bank
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • PAYALI BHATALI Contact
- • Address of Indian Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Indian Bank IDIB000P520 code, find PAYALI BHATALI branch details, Indian Bank KITALI contact number, MAHARASHTRA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Indian Bank KITALI, online neft rtgs imps guide india, how to find ifsc code of Indian Bank.