State Bank of India MADEL CHORAO IFSC Code, MICR Code - North Goa, Goa

State Bank of India MADEL CHORAO Branch IFSC Code, MICR Code (North Goa, Goa). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of State Bank of India MADEL CHORAO - North Goa, Goa

IFSC Code:SBIN0007330
MICR Code:403002022
Branch Code:007330 (Last six characters of IFSC Code represent Branch code)
Address:SAUDA VADDO DISTT NORTH GOA GOA 403102
Branch:MADEL CHORAO
City:CHORAO
District:North Goa
State:Goa
Contact No.:

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State Bank of India IFSC Code is SBIN0007330, MICR Code is 403002022, Branch Code is 007330 which is last six characters of IFSC Code, Branch name is MADEL CHORAO located in SAUDA VADDO DISTT NORTH GOA GOA 403102, CHORAO, North Goa, Goa, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other State Bank of India Branches at North Goa, Goa

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.