It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Margao Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Margao branch is the cheque book. All banks will print the Margao on the cheque books. Also, your account pass book should have the Margao branch printed.
The address of Margao branch is Ground floor, damodar chambers, i b road, margao, south goa, goa 403601, which is located in Margao District of Goa State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for SBI Margao is also provided.
Margao has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of SBI Margao branch, fund transfer between these banks is also possible.