IFSC Code, MICR Codes for STATE BANK OF INDIA in GOA - NORTH GOA - PANAJI - BITS PILANI(GOA)

STATE BANK OF INDIA RTGS HO Branch in PANAJI - Address, IFSC, MICR Code


IFSC Code

SBIN0010720

MICR Code

403002055

Branch

BITS PILANI(GOA)

Contact

0

Address

BITS PILANI GOA CAMPUSSHOP NO 12 NH 17B ZUARINAGAR GOA 403726

City

PANAJI

District

NORTH GOA

State

GOA





What is IFSC Code of STATE BANK OF INDIA situated at BITS PILANI(GOA)- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at BITS PILANI(GOA) - RTGS-HO is

SBIN0010720

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.