INDIAN BANKVerified Feb 2026

INDIAN BANK IFSC Code – MATUNGA BAZAAR, MUMBAI

Complete bank details including IFSC code, MICR code, address and payment facilities for MATUNGA BAZAAR branch.

IFSC Code
IDIB000M049

Bank Details

Bank NameINDIAN BANK
Branch NameMATUNGA BAZAAR
IFSC CodeIDIB000M049
MICR Code400019017
AddressP B NO 6310356 BHANDARKAR ROAD MATUNGA400019
CityMUMBAI
DistrictGREATER MUMBAI
StateMAHARASHTRA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IDIB000M049

The IFSC code IDIB000M049 uniquely identifies the MATUNGA BAZAAR branch of INDIAN BANK located in MUMBAI, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IDIB000M049

  • First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (00M049) – Unique branch identifier for MATUNGA BAZAAR

How to Use IFSC Code IDIB000M049

To transfer money to any account at INDIAN BANK MATUNGA BAZAAR branch, you will need to provide the IFSC code IDIB000M049 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at MATUNGA BAZAAR

  • 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 INDIAN BANK MATUNGA BAZAAR Branch

INDIAN BANK MATUNGA BAZAAR is a branch of INDIAN BANK located in MUMBAI, MAHARASHTRA. The branch provides comprehensive banking services to customers in MUMBAI and surrounding areas.

Branch Address

P B NO 6310356 BHANDARKAR ROAD MATUNGA400019, MUMBAI, MAHARASHTRA

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 400019017. 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 INDIAN BANK MATUNGA BAZAAR?

The IFSC code of INDIAN BANK MATUNGA BAZAAR branch in MUMBAI is IDIB000M049.

What is the MICR code of INDIAN BANK MATUNGA BAZAAR?

The MICR code of INDIAN BANK MATUNGA BAZAAR branch is 400019017.

What is the address of INDIAN BANK MATUNGA BAZAAR?

INDIAN BANK MATUNGA BAZAAR branch is located at P B NO 6310356 BHANDARKAR ROAD MATUNGA400019.

Does INDIAN BANK MATUNGA BAZAAR support NEFT/RTGS/IMPS?

INDIAN BANK MATUNGA BAZAAR branch supports NEFT, RTGS, IMPS, and UPI transactions.