State Bank of India MARGAO Branch IFSC Code

SBIN 0000512
State Bank of India Logo State Bank of India
MARGAO — SOUTH GOA, GOA
MICR: 403002048 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MARGAO
IFSC Code
SBIN0000512
MICR Code
403002048
Address
NR. MUNICIPAL GARDEN, MARGAO GOA, PIN - 403601
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City
SOUTH GOA
District
GOA
State
GOA
SWIFT Code
SBININBB525

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0000512 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0000512.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0000512.

IFSC Code Structure

S
B
I
N
0
0
0
0
5
1
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 000512 — Branch code (MARGAO)

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Frequently Asked Questions

Is SBIN0000512 valid for online transfer?
Yes, SBIN0000512 is a valid IFSC code for State Bank of India MARGAO branch in SOUTH GOA, GOA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0000512 belong to?
SBIN0000512 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India MARGAO is 403002048. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0000512?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.