ALLAHABAD BANK IFSC Code – MADGAON, GOA VELHA
Complete bank details including IFSC code, MICR code, address and payment facilities for MADGAON branch.
Bank Details
| Bank Name | ALLAHABAD BANK |
| Branch Name | MADGAON |
| IFSC Code | ALLA0212541 |
| MICR Code | WAITING |
| Address | SHOP NO 001, SUMAN RESIDENCY, OPP ST JOAQUIM CHAPEL, MARGAO GOA 403601 |
| City | GOA VELHA |
| District | NORTH GOA |
| State | GOA |
| Contact | 2700244 |
Payment Facilities
About IFSC Code ALLA0212541
The IFSC code ALLA0212541 uniquely identifies the MADGAON branch of ALLAHABAD BANK located in GOA VELHA, GOA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code ALLA0212541
- First 4 characters (ALLA) – Represents ALLAHABAD BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (212541) – Unique branch identifier for MADGAON
How to Use IFSC Code ALLA0212541
To transfer money to any account at ALLAHABAD BANK MADGAON branch, you will need to provide the IFSC code ALLA0212541 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MADGAON
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About ALLAHABAD BANK MADGAON Branch
ALLAHABAD BANK MADGAON is a branch of ALLAHABAD BANK located in GOA VELHA, GOA. The branch provides comprehensive banking services to customers in GOA VELHA and surrounding areas.
Branch Address
SHOP NO 001, SUMAN RESIDENCY, OPP ST JOAQUIM CHAPEL, MARGAO GOA 403601, GOA VELHA, GOA
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is WAITING. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of ALLAHABAD BANK MADGAON?
The IFSC code of ALLAHABAD BANK MADGAON branch in GOA VELHA is ALLA0212541.
What is the MICR code of ALLAHABAD BANK MADGAON?
The MICR code of ALLAHABAD BANK MADGAON branch is WAITING.
What is the address of ALLAHABAD BANK MADGAON?
ALLAHABAD BANK MADGAON branch is located at SHOP NO 001, SUMAN RESIDENCY, OPP ST JOAQUIM CHAPEL, MARGAO GOA 403601.
Does ALLAHABAD BANK MADGAON support NEFT/RTGS/IMPS?
ALLAHABAD BANK MADGAON branch supports NEFT, RTGS, IMPS, and UPI transactions.