What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Central Bank Of India Margao South Goa Branch IFSC/MICR Code Details
Bank Name CENTRAL BANK OF INDIA
Address DAMODAR BUILDING,NEAR GOMANT VIDYA NIKETAN,MARGAO GOA - 403601
State GOA
District SOUTH GOA
Branch MARGAO
IFSC Code CBIN0280715
Branch Code 280715 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 22612008
via https://bankingzone.in/ifsc

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