IFSC Code, MICR Codes for STATE BANK OF INDIA in GOA - SOUTH GOA - GOA - COMMERCIAL BRANCH VASCO

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


IFSC Code

SBIN0004116

MICR Code

403002047

Branch

COMMERCIAL BRANCH VASCO

Contact

0

Address

VIDHYA DHIRAJ BHAVANF L GOMES RD GOA PIN-403802

City

GOA

District

SOUTH GOA

State

GOA





What is IFSC Code of STATE BANK OF INDIA situated at COMMERCIAL BRANCH VASCO- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at COMMERCIAL BRANCH VASCO - RTGS-HO is

SBIN0004116

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.