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Indian Bank · Vellore

IDIB000P241: Indian Bank, Perumugai

IFSC code IDIB000P241 belongs to the Perumugai branch of Indian Bank in Vellore, Tamil Nadu. Its MICR code is 632019049.

IFSC
IDIB000P241
MICR
632019049
Bank
Indian Bank
Branch
Perumugai
District
Vellore
State
Tamil Nadu
Phone
+914162256799

Branch address

Indian Bank
No77 Arcot Road Alamelumangapuram PIN 632009

Open in a map · Pincode 632009: 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 00P241 is the code of the Perumugai branch. In the MICR code 632019049, 632 is the city, 019 the bank and 049 the branch.

Other Indian Bank branches in Vellore

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 Perumugai branch (Vellore, Tamil Nadu) is IDIB000P241.

  2. 632019049. MICR is printed at the bottom of the branch's cheques.

  3. No77 Arcot Road Alamelumangapuram PIN 632009

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000P241 with the beneficiary's account number.

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