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Indian Bank · Ramanathapuram

IDIB000P129: Indian Bank, Paramakudi

IFSC code IDIB000P129 belongs to the Paramakudi branch of Indian Bank in Ramanathapuram, Tamil Nadu. Its MICR code is 623019102.

IFSC
IDIB000P129
MICR
623019102
Bank
Indian Bank
Branch
Paramakudi
District
Ramanathapuram
State
Tamil Nadu
Phone
+914564223723

Branch address

Indian Bank
3/845a Bharathi Nagar West Madurai Rameswaram Road Ottapalam Junction Paramakudi PIN 623707

Open in a map · Pincode 623707: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00P129 is the code of the Paramakudi branch. In the MICR code 623019102, 623 is the city, 019 the bank and 102 the branch.

Other Indian Bank branches in Ramanathapuram

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Bank's Paramakudi branch (Ramanathapuram, Tamil Nadu) is IDIB000P129.

  2. 623019102. MICR is printed at the bottom of the branch's cheques.

  3. 3/845a Bharathi Nagar West Madurai Rameswaram Road Ottapalam Junction Paramakudi PIN 623707

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000P129 with the beneficiary's account number.

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