Bank Branch Details
| Bank Name | Indian Bank |
| Branch Name | MARGAO |
| IFSC Code | IDIB000M058 |
| MICR Code | 403019005 |
| City | SOUTH GOA |
| District | SOUTH GOA |
| State | GOA |
| Address | SHOP NO1415 16 GURU SAI PLAZA NEAR ADARSHA SCHOOL ISIDORA BAAPTISTA ROAD PIN 403601 |
| Contact | +918322714301 |
| NEFT | Available |
| RTGS | Available |
| IMPS | Available |
| UPI | Available |
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
- The first four characters (IDIB) identify the bank.
- The fifth character (0) is reserved and usually zero.
- The last six characters (00M058) identify the branch.
For example, IDIB000M058 is the IFSC code for Indian Bank MARGAO branch in SOUTH GOA. This IFSC code is used for NEFT, RTGS, IMPS and online banking transactions.