Indian Bank Margao Branch โ€” IFSC Code

SOUTH GOA, GOA

IFSC Code

IDIB000M058

IFSC CodeIDIB000M058
MICR Code403019005
BankIndian Bank
BranchMargao
CitySOUTH GOA
DistrictSOUTH GOA
StateGOA
AddressSHOP NO1415 16 GURU SAI PLAZA NEAR ADARSHA SCHOOL ISIDORA BAAPTISTA ROAD PIN 403601
Contact+918322714301
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Indian Bank official site โ†’

How to Use IFSC Code IDIB000M058

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: IDIB000M058
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” Indian Bank

IDIB000M058
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Indian Bank Margao?

The IFSC code is IDIB000M058. Use this for NEFT, RTGS, and IMPS transfers to Indian Bank Margao branch in SOUTH GOA.

What is the MICR code of Indian Bank Margao?

The MICR code is 403019005. MICR codes are used for cheque processing, not for digital transfers.

Is IDIB000M058 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use IDIB000M058 only for NEFT, RTGS, or IMPS when adding a bank account manually.

Other Indian Bank Branches in SOUTH GOA