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Indian Bank · Palwal

IDIB000P542: Indian Bank, Palwal

IFSC code IDIB000P542 belongs to the Palwal branch of Indian Bank in Palwal, Haryana. Its MICR code is 121019453.

IFSC
IDIB000P542
MICR
121019453
Bank
Indian Bank
Branch
Palwal
District
Palwal
State
Haryana
Phone
+917419700155

Branch address

Indian Bank
Dev Nagar Near Bus Stand Main Road Delhi Agra Highway Palwal Palwal PIN 121102

Open in a map · Pincode 121102: 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 00P542 is the code of the Palwal branch. In the MICR code 121019453, 121 is the city, 019 the bank and 453 the branch.

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 Palwal branch (Palwal, Haryana) is IDIB000P542.

  2. 121019453. MICR is printed at the bottom of the branch's cheques.

  3. Dev Nagar Near Bus Stand Main Road Delhi Agra Highway Palwal Palwal PIN 121102

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000P542 with the beneficiary's account number.

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