IFSC Code, MICR Codes for SOUTH INDIAN BANK in GOA - SOUTH GOA - MARGAO - MARGAO

SOUTH INDIAN BANK RTGS HO Branch in MARGAO - Address, IFSC, MICR Code


IFSC Code

SIBL0000364

MICR Code

403059003

Branch

MARGAO

Contact

2704303

Address

MARGAO BRANCHCASA DOS ALIADOSNEXT TO GOMANT VIDYA NIKETANABADE FARIA ROAD SOUTH-GOA GOA PIN-403601

City

MARGAO

District

SOUTH GOA

State

GOA





What is IFSC Code of SOUTH INDIAN BANK situated at MARGAO- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at MARGAO - RTGS-HO is

SIBL0000364

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.