The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Midtown Curchorem branch in South Goa, Curchorem, Goa, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in South Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code SBIN0018139. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Midtown Curchorem, South Goa
The table below shows the main details of the IFSC Code SBIN0018139 for the State Bank Of India branch in South Goa, which falls under the Curchorem district in Goa.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018139 |
| Branch | Midtown Curchorem |
| City | South Goa |
| District | Curchorem |
| State | Goa |
| Address | Midtown Curchorem A Shivani Arcade Bebquegal Curchorem Disttsouth Goa Goa403406 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in South Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018139 for the Midtown Curchorem branch of State Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Midtown Curchorem, South Goa, Goa, are given a unique IFSC like SBIN0018139 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in South Goa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like South Goa and Curchorem.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Midtown Curchorem goes to the correct branch. This is important because State Bank Of India has thousands of branches in Goa and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0018139
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Midtown Curchorem in South Goa.
For example, the IFSC Code SBIN0018139 of State Bank Of India for the Midtown Curchorem branch includes these elements, identifying the bank and the branch location in South Goa and Goa accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0018139 of State Bank Of India for its Midtown Curchorem branch located in South Goa, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in South Goa and Curchorem, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Midtown Curchorem or South Goa to find the exact IFSC Code SBIN0018139.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for State Bank Of India and South Goa will provide accurate information.
How to Use IFSC Code SBIN0018139 for Online Transfers?
Once you have the IFSC Code SBIN0018139 for the Midtown Curchorem branch of State Bank Of India in South Goa, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018139. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0018139.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Midtown Curchorem in South Goa, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Midtown Curchorem, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in South Goa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018139.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Midtown Curchorem A Shivani Arcade Bebquegal Curchorem Disttsouth Goa Goa403406 located in South Goa, Curchorem, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.