Indian Bank MARGAO Branch IFSC Code

IDIB 000M058
Indian Bank Logo Indian Bank
MARGAO — SOUTH GOA, GOA
MICR: 403019005 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
MARGAO
IFSC Code
IDIB000M058
MICR Code
403019005
Address
SHOP NO1415 16 GURU SAI PLAZA NEAR ADARSHA SCHOOL ISIDORA BAAPTISTA ROAD PIN 403601
Open in Google Maps
City
SOUTH GOA
District
SOUTH GOA
State
GOA
Contact
+918322714301

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000M058 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IDIB000M058.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M058.

IFSC Code Structure

I
D
I
B
0
0
0
M
0
5
8
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00M058 — Branch code (MARGAO)

Nearby Indian Bank Branches in SOUTH GOA

CHICALIM

IDIB000C041

BELLA VISTA NEAR CHICALIM CHURCH CHICALIM OPP CHICALIM PANCHAYAT CHICALIM PIN 403711

MICR: 403019006 RTGS ✓ NEFT ✓ IMPS ✓

CUNCOLIN

IDIB000C146

10/67/L9 NEAR CHURCH CUNCOLIM MARKET CUNCOLIM PIN 403703

MICR: 403019097 RTGS ✓ NEFT ✓ IMPS ✓

VASCO

IDIB000V513

SHOP NO13 ANNAPURNA SUPER STORE KARMA POINT VASCO DA GAMA VASCO VASCO PIN 403802

MICR: 403019011 RTGS ✓ NEFT ✓ IMPS ✓
View all Indian Bank branches in SOUTH GOA →

Frequently Asked Questions

Is IDIB000M058 valid for online transfer?
Yes, IDIB000M058 is a valid IFSC code for Indian Bank MARGAO branch in SOUTH GOA, GOA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000M058 belong to?
IDIB000M058 belongs to Indian Bank. The first 4 characters "IDIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Bank MARGAO is 403019005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000M058?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.