Branch Details — SBIN0005398
| Bank Name | State Bank of India |
| Branch Name | REIS Magos, Verem |
| IFSC Code | SBIN0005398 |
| MICR Code | 403002043 |
| Bank Code (RBI) | SBIN |
| Branch Code | 005398 |
| Address | VEREM, BARDEZ, DISTT. NORTH GOA, GOA 403114 |
| City | North Goa |
| District | Verem |
| State | Goa |
| Toll Free | 1800-11-2211 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using SBIN0005398
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0005398.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0005398.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is SBIN0005398. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India REIS Magos, Verem branch, North Goa, Goa.
The MICR code is 403002043. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: VEREM, BARDEZ, DISTT. NORTH GOA, GOA 403114. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
SBIN identifies State Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 005398 identify the REIS Magos, Verem branch.
Yes. State Bank of India REIS Magos, Verem Branch (IFSC: SBIN0005398) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC SBIN0005398 → select NEFT/RTGS/IMPS → confirm with OTP.