IDIB000P233 — Indian Bank, Palasia Formerly Ind Msme Indore
IDIB000P233 is the IFSC code of Indian Bank, Palasia Formerly Ind Msme Indore branch, Indore, Madhya Pradesh. MICR 452019007. NEFT yes, RTGS yes, IMPS yes.
| IFSC code | IDIB000P233 |
|---|---|
| Bank | Indian Bank |
| Branch | Palasia Formerly Ind Msme Indore |
| Address | ADITYA ENCLAVE C1 HIG MAIN ROAD NEAR LIG SQUARE PIN 452015 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| MICR code | 452019007 |
| SWIFT code | — |
| Phone | +917312433288 |
| NEFT | Yes |
| RTGS | Yes |
| IMPS | Yes |
| UPI | Yes |
Source: Reserve Bank of India IFSC/MICR list, as compiled by the open-source Razorpay IFSC dataset (MIT licence), updated 08 Nov 2026. Always confirm the IFSC with your bank before sending money.
Other Indian Bank branches in Indore
- Ajanod — IDIB000A549
- Indore — IDIB000I002
- Indore Bhanwar Kuan Road — IDIB000I524
- Indore Annapurna Nagar — IDIB000A643
- Indore Bengali Chowraha — IDIB000B604
- Kalani Nagar — IDIB000K235
- Kalindi — IDIB000K377
- Kanadia — IDIB000K557
- Khudel — IDIB000K708
- Lasudiamori — IDIB000L533
- New Palasia Indore — IDIB000I525
- Palda — IDIB000P533
How to read IFSC IDIB000P233
| Part | Meaning |
|---|---|
| IDIB | Bank code – Indian Bank |
| 0 | Fifth character, always zero (kept for future use) |
| 00P233 | Branch code – Palasia Formerly Ind Msme Indore, Indore |
The MICR code 452019007 is printed at the bottom of cheques from this branch: 452 is the city code, 019 the bank code and 007 the branch code. MICR is used only for cheque clearing; online transfers need the IFSC.
Sending money to Indian Bank, Palasia Formerly Ind Msme Indore
Payments this branch can receive using IFSC IDIB000P233:
- NEFT – available 24×7, all days; RBI sets no minimum or maximum amount (your bank may set its own limit).
- RTGS – for ₹2 lakh and above, settled in real time, 24×7.
- IMPS – instant transfer 24×7, usually up to ₹5 lakh per transaction.
- UPI – accounts at this branch can be linked to UPI apps.
To pay someone here you need their account number, the account holder’s name and the IFSC IDIB000P233.
Questions about IFSC IDIB000P233
What is the IFSC code of Indian Bank, Palasia Formerly Ind Msme Indore branch?
The IFSC code of Indian Bank, Palasia Formerly Ind Msme Indore branch (Indore, Madhya Pradesh) is IDIB000P233.
What is the MICR code of Indian Bank, Palasia Formerly Ind Msme Indore?
The MICR code of this branch is 452019007.
Where is Indian Bank, Palasia Formerly Ind Msme Indore branch located?
The branch address is ADITYA ENCLAVE C1 HIG MAIN ROAD NEAR LIG SQUARE PIN 452015 (Madhya Pradesh).
Does IDIB000P233 support RTGS and NEFT?
NEFT: yes. RTGS: yes. IMPS: yes (as per the RBI list in our records).
Income tax refund not received?
A refund fails when the bank account on the income tax portal is not pre-validated or the IFSC has changed after a bank merger. We fix the account, raise a refund re-issue request and follow up — online, anywhere in India.