TheBankCodes.com

State Bank of India - DISTRICT HEADQUARTER BRANCH MARGAO

Details about the IFSC1 SBIN0016150:

Bank: State Bank of India
Bank Branch: DISTRICT HEADQUARTER BRANCH MARGAO (IN-GA)
Country: India
District/State: MARGAON / GOA
City: SOUTH GOA
IFSC:1 SBIN0016150
MICR:2 403002081




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.