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Find Branch Details by IFSC Code

Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.

Bank of India, MARGAO NRI

IFSC
BKID0001054
BRANCH
MARGAO NRI
ADDRESS
RUA JOSE INACIO LOYOLA NEW MARKET POST BOX NO 272 MARGAO SALCETE GOA 403601
BANKCODE
BKID
MICR
403013053
DISTRICT
MARGAO
CITY
SOUTH GOA
STATE
GOA

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.

The IFSC code is made up of three parts:

  • The first four characters represent the bank code.
  • The fifth character is always zero, reserved for future use.
  • The last six characters represent the branch code.

For example, SBIN0000300 is the IFSC for SBI’s Mumbai Fort branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.

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