If you are searching for the IFSC code of Indian Bank, PERUMUGAI branch in ALAMELUMANGAPURAM, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is IDIB000P241. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PERUMUGAI branch, and detailed step-by-step guides for using the IFSC IDIB000P241 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IDIB000P241 is the IFSC of Indian Bank's PERUMUGAI branch. The format is fixed: IDIB = bank code, 0 = reserved, 00P241 = branch identifier.
About Indian Bank
Indian Bank operates a wide network of branches across India, including the Perumugai branch in Alamelumangapuram. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDIB000P241.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Perumugai |
| IFSC Code | IDIB000P241 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO77 ARCOT ROAD ALAMELUMANGAPURAM PIN 632009 |
| City | Alamelumangapuram |
| District | Vellore |
| State | Tamil Nadu |
| STD Code | 416 |
| Phone | 2256799 |
About the Perumugai branch
The Perumugai branch of Indian Bank is situated at NO77 ARCOT ROAD ALAMELUMANGAPURAM PIN 632009. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IDIB000P241 is used.
Why every Indian Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PERUMUGAI of Indian Bank — its own 11-character IFSC. The code IDIB000P241 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IDIB000P241 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Perumugai branch is mapped to IFSC IDIB000P241 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IDIB000P241.
Banking services available
The Perumugai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 416-2256799.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDIB000P241
How to transfer money using IFSC IDIB000P241
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IDIB000P241 across all three.
NEFT to Indian Bank, PERUMUGAI using IFSC IDIB000P241
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IDIB000P241, and confirm that the system picks up Indian Bank – PERUMUGAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDIB000P241
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Bank – PERUMUGAI, ensure your bank's portal accepts IFSC IDIB000P241 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Bank – PERUMUGAI, use IMPS. With IFSC IDIB000P241 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDIB000P241 for Indian Bank – PERUMUGAI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IDIB000P241 | Yes – IDIB000P241 | Yes – IDIB000P241 |
For most retail customers crediting the Perumugai branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Bank's PERUMUGAI branch, the IFSC IDIB000P241 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Perumugai branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDIB000P241 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IDIB000P241 and the account number together uniquely identify the Perumugai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IDIB000P241
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Bank – PERUMUGAI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IDIB000P241. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Perumugai branch
The branch is located at NO77 ARCOT ROAD ALAMELUMANGAPURAM PIN 632009, which puts it inside Alamelumangapuram, the broader Vellore district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Perumugai branch” — the verified location pin for IFSC IDIB000P241 should appear at the top of the results.
- Confirm the branch is open by calling 416-2256799 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDIB000P241 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDIB000P241 for Indian Bank – PERUMUGAI, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Perumugai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000P241, however, work 24x7.
Branch address & contact
Indian BankPerumugai Branch
NO77 ARCOT ROAD ALAMELUMANGAPURAM PIN 632009
Alamelumangapuram, Tamil Nadu
Phone: 416-2256799
IFSC: IDIB000P241
Frequently asked questions
Does Indian Bank Perumugai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 416-2256799 to confirm.
How quickly will an NEFT transfer using IDIB000P241 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Bank – Perumugai reflect within 30 minutes.
Where is Indian Bank Perumugai branch located?
Indian Bank's Perumugai branch is located at NO77 ARCOT ROAD ALAMELUMANGAPURAM PIN 632009, Alamelumangapuram, Tamil Nadu.
Can I use IFSC IDIB000P241 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000P241 to send funds instantly.
What is the phone number of Indian Bank Perumugai branch?
You can reach the branch at 416-2256799 during regular banking hours.
Is IFSC IDIB000P241 valid for NEFT and RTGS?
Yes. IFSC IDIB000P241 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indian Bank Perumugai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDIB000P241, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: IDIB000P241 is the IFSC code of Indian Bank, PERUMUGAI branch, in ALAMELUMANGAPURAM, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
