State Bank Of Mysore has branches in 2 districts in Goa like South Goa , North Goa , . Please select a district from the list below to see the branches in that district and to get the location, contact details, IFSC code, MICR code.

IFSC Codes of State Bank Of Mysore in Goa

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Panaji Lar Commercial Panaji - 403001 SBMY0040534 403006002 State Bank Of Mysore Panaji North Goa Goa
Margao Margao , Goa - 403601 SBMY0040360 403006004 State Bank Of Mysore Margao South Goa Goa
Khandepar 103 Lakhsmi Kunj Khandepar-403401 SBMY0040218 403006003 State Bank Of Mysore Ponda North Goa Goa

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.