IFSC Code of Indian Bank, MARGAO, SOUTH GOA

IDIB000M058

BankIndian Bank
IFSC CodeIDIB000M058
Branch Code00M058 (last six characters of IFSC)
BranchMARGAO
City / DistrictSOUTH GOA
StateGOA

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Indian Bank MARGAO IFSC Code

The MARGAO branch of Indian Bank located in SOUTH GOA, GOA is identified by the IFSC code IDIB000M058. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IDIB000M058

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IDIB000M058 to identify the MARGAO branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Indian Bank, MARGAO?
The IFSC code is IDIB000M058.

What is the branch code?
The branch code is 00M058, the last six characters of the IFSC code.