State Bank of India REIS MAGOS, VEREM Branch IFSC Code

SBIN 0005398
State Bank of India Logo State Bank of India
REIS MAGOS, VEREM — NORTH GOA, GOA
MICR: 403002043 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
REIS MAGOS, VEREM
IFSC Code
SBIN0005398
MICR Code
403002043
Address
VEREM, BARDEZ, DISTT. NORTH GOA, GOA 403114
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City
NORTH GOA
District
VEREM
State
GOA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0005398 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 SBIN0005398.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0005398.

IFSC Code Structure

S
B
I
N
0
0
0
5
3
9
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 005398 — Branch code (REIS MAGOS, VEREM)

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Frequently Asked Questions

Is SBIN0005398 valid for online transfer?
Yes, SBIN0005398 is a valid IFSC code for State Bank of India REIS MAGOS, VEREM branch in NORTH GOA, GOA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0005398 belong to?
SBIN0005398 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 REIS MAGOS, VEREM is 403002043. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0005398?
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.