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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.

State Bank of India, STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT

IFSC
SBIN0008587
BRANCH
STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT
ADDRESS
EDC PLOT NO 25.A, PATTO PLAZA, PANAJI, GOA
BANKCODE
SBIN
DISTRICT
PANAJI
CITY
PANAJI
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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