IFSC Code, MICR Codes for STATE BANK OF INDIA in GOA - NORTH GOA - VALSAD - RASMECCC & SARC VALSAD

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


IFSC Code

SBIN0010061

MICR Code

396002100

Branch

RASMECCC & SARC VALSAD

Contact

0

Address

D N SHOPPING CENTRE1ST FLOPP GANDHI LIBRARYVALSAD

City

VALSAD

District

NORTH GOA

State

GOA





What is IFSC Code of STATE BANK OF INDIA situated at RASMECCC & SARC VALSAD- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at RASMECCC & SARC VALSAD - RTGS-HO is

SBIN0010061

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.