IFSC Code, MICR Codes for STATE BANK OF INDIA in GOA - SOUTH GOA - MARGAON - DISTRICT HEADQUARTER BRANCH MARGAO

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


IFSC Code

SBIN0016150

MICR Code

NA

Branch

DISTRICT HEADQUARTER BRANCH MARGAO

Contact

0

Address

DISTRICT HEADQUARTER OFFICE BUILDING NH 17KTC BUS STAND MARGAO GOA DISTT. SOUTH GOA. GOA 403001

City

MARGAON

District

SOUTH GOA

State

GOA





What is IFSC Code of STATE BANK OF INDIA situated at DISTRICT HEADQUARTER BRANCH MARGAO- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at DISTRICT HEADQUARTER BRANCH MARGAO - RTGS-HO is

SBIN0016150

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.