- Bank Name:
- Indian Bank
- Branch:
- Margao
- IFSC Code:
- IDIB000M058
- Address:
- Shop No1415 16 Guru Sai Plaza Near Adarsha School Isidora Baaptista Road Pin 403601
- District:
- South Goa
- State:
- Goa
- City:
- South Goa
- Centre:
- South Goa
- Contact:
- +918322714301
- MICR Code:
- 403019005
- SWIFT Code:
- NULL
- Services:
- NEFT, RTGS, IMPS, UPI
About Indian Bank Margao Branch
The Indian Bank Margao branch is located in South Goa, Goa. The IFSC code for this branch is IDIB000M058, which is required for all online fund transfers including NEFT, RTGS, and IMPS transactions.
Services Available
This Indian Bank branch offers various banking services including account opening, loans, deposits, and electronic fund transfers. Use the IFSC code IDIB000M058 for all digital transactions to this branch.
How to Use This IFSC Code
- Copy the IFSC code IDIB000M058 from above
- Enter this code when making NEFT, RTGS, or IMPS transfers
- Verify the branch address and contact details before initiating transfers
- Keep this IFSC code handy for future transactions
Need this branch for an international transfer? Find the bank's SWIFT code instead — IFSC works only within India. You can search any other branch from the IFSC code finder.
Reading IDIB000M058
The first four letters identify Indian Bank, the fifth character is always 0 (reserved), and the last six identify this Margao branch. Before transferring, double-check the code against the beneficiary's cheque leaf or passbook — banks route by account number + IFSC alone, and a transfer to a wrong-but-valid pair is difficult to reverse. For a first-time payee, send a token ₹1 and confirm receipt before moving the full amount.