IFSC Code of Indian Bank, Panaji St. Inez Branch Branch, Goa

This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, PANAJI ST. INEZ BRANCH branch in NORTH GOA. The 11-digit IFSC IDIB000P564 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the PANAJI ST. INEZ BRANCH location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Indian Bank – PANAJI ST. INEZ BRANCH is IDIB000P564. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00P564 map to this branch in NORTH GOA, GOA.

Branch details at a glance

About Indian Bank

Indian Bank operates a wide network of branches across India, including the Panaji St. Inez Branch branch in North Goa. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDIB000P564.

Panaji St. Inez Branch branch overview

Located at AMEYA HOTEL BUILDING VS DEMPO MARG OPP ST INEZ CHURCH PANJI PIN 403001, the Panaji St. Inez Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDIB000P564 is required for all interbank electronic transfers routed through this branch.

Why every Indian Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PANAJI ST. INEZ BRANCH of Indian Bank — its own 11-character IFSC. The code IDIB000P564 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IDIB000P564 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC IDIB000P564

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IDIB000P564 across all three.

NEFT to Indian Bank, PANAJI ST. INEZ BRANCH using IFSC IDIB000P564

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IDIB000P564, and confirm that the system picks up Indian Bank – PANAJI ST. INEZ BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PANAJI ST. INEZ BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's PANAJI ST. INEZ BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000P564 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Indian Bank – PANAJI ST. INEZ BRANCH, use IMPS. With IFSC IDIB000P564 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC IDIB000P564 for Indian Bank – PANAJI ST. INEZ BRANCH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Panaji St. Inez Branch branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Bank's PANAJI ST. INEZ BRANCH branch, the IFSC IDIB000P564 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Panaji St. Inez Branch branch is mapped to IFSC IDIB000P564 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains IDIB000P564.

Banking services available

The Panaji St. Inez Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8699033171.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDIB000P564

MICR & cheque-truncation details

Cheques drawn on the Panaji St. Inez Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000P564 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Panaji St. Inez Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDIB000P564 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Bank – PANAJI ST. INEZ BRANCH:

• The IFSC is exactly IDIB000P564 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Indian Bank as the bank name and PANAJI ST. INEZ BRANCH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Panaji St. Inez Branch branch

The branch is located at AMEYA HOTEL BUILDING VS DEMPO MARG OPP ST INEZ CHURCH PANJI PIN 403001, which puts it inside North Goa, the broader North Goa district, and the state of Goa. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Bank Panaji St. Inez Branch branch” — the verified location pin for IFSC IDIB000P564 should appear at the top of the results.
2. Confirm the branch is open by calling 91-8699033171 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDIB000P564 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDIB000P564 for Indian Bank – PANAJI ST. INEZ BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Panaji St. Inez Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDIB000P564, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDIB000P564 belongs to Indian Bank's PANAJI ST. INEZ BRANCH branch, located at AMEYA HOTEL BUILDING VS DEMPO MARG OPP ST INEZ CHURCH PANJI PIN 403001 in NORTH GOA, GOA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.