INDIAN BANK IFSC Code – MATWANI, MOGA
Complete bank details including IFSC code, MICR code, address and payment facilities for MATWANI branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | MATWANI |
| IFSC Code | IDIB000M298 |
| MICR Code | WAITING |
| Address | MATWANI VILLAGE & PO, MOGA TEHSIL, MOGA DISTRICT, PUNJAB, PIN-142053 |
| City | MOGA |
| State | PUNJAB |
| Contact | 8427688020 |
Payment Facilities
About IFSC Code IDIB000M298
The IFSC code IDIB000M298 uniquely identifies the MATWANI branch of INDIAN BANK located in MOGA, PUNJAB. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IDIB000M298
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00M298) – Unique branch identifier for MATWANI
How to Use IFSC Code IDIB000M298
To transfer money to any account at INDIAN BANK MATWANI branch, you will need to provide the IFSC code IDIB000M298 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MATWANI
- 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 MATWANI Branch
INDIAN BANK MATWANI is a branch of INDIAN BANK located in MOGA, PUNJAB. The branch provides comprehensive banking services to customers in MOGA and surrounding areas.
Branch Address
MATWANI VILLAGE & PO, MOGA TEHSIL, MOGA DISTRICT, PUNJAB, PIN-142053, MOGA, PUNJAB
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 INDIAN BANK MATWANI?
The IFSC code of INDIAN BANK MATWANI branch in MOGA is IDIB000M298.
What is the MICR code of INDIAN BANK MATWANI?
The MICR code of INDIAN BANK MATWANI branch is WAITING.
What is the address of INDIAN BANK MATWANI?
INDIAN BANK MATWANI branch is located at MATWANI VILLAGE & PO, MOGA TEHSIL, MOGA DISTRICT, PUNJAB, PIN-142053.
Does INDIAN BANK MATWANI support NEFT/RTGS/IMPS?
INDIAN BANK MATWANI branch supports NEFT, RTGS, IMPS, and UPI transactions.