RBI Verified CodeSOUTH GOA, GOA

Indian Bank

MARGAO Branch • IFSC: IDIB000M058

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Branch Specifications & IFSC Data

Updated 2026
Bank NameIndian Bank
Branch NameMARGAO
Complete AddressShop No1415 16 Guru Sai Plaza Near Adarsha School Isidora Baaptista Road PIN 403601
City / LocalitySOUTH GOA
DistrictSOUTH GOA
StateGOA
Contact Helpline+91 83230 00000
IFSC CodeIDIB000M058
MICR Code403019005
NEFT SupportedEnabled (24x7)
RTGS SupportedEnabled (High Value)
IMPS SupportedInstant 24x7
UPI PaymentsSupported

IFSC Code Breakdown for Indian Bank

The IFSC (Indian Financial System Code) for Indian Bank MARGAO branch is IDIB000M058. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.

Bank IdentifierIDIB

First 4 characters represent Indian Bank.

Control Character0

5th character is always 0 (reserved for RBI).

Branch Code00M058

Last 6 digits identify MARGAO branch.

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Frequently Asked Questions (Indian Bank MARGAO)

Q1.What is the IFSC code for Indian Bank MARGAO branch?

The IFSC code for Indian Bank MARGAO branch is IDIB000M058. This code is assigned by RBI and is required for NEFT, RTGS, and IMPS electronic money transfers.

Q2.What is the address and contact number of Indian Bank MARGAO?

The complete address is: Shop No1415 16 Guru Sai Plaza Near Adarsha School Isidora Baaptista Road PIN 403601, SOUTH GOA, GOA. You can reach the branch at +91 83230 00000.

Q3.What is the MICR code of Indian Bank MARGAO?

The MICR code for Indian Bank MARGAO is 403019005. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.

Q4.Does Indian Bank MARGAO support 24x7 IMPS and NEFT transfers?

Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC IDIB000M058 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.

Q5.How can I transfer money using IFSC code IDIB000M058?

Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code IDIB000M058. Once validated, select IMPS, NEFT, or RTGS to execute the payment.

RBI Verification Disclaimer

Information displayed here is sourced from public Reserve Bank of India (RBI) records. While FinCrif rigorously updates branch details, IFSC, and MICR codes, please verify details with the recipient or branch before executing large-value RTGS/NEFT transfers.

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