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State Bank of India · Panaji
SBI State Bank Institute of Learning and Development IFSC code
IFSC code
✔ In RBI list v2.0.62SBIN0008587
Branch overview
- Bank code SBIN — identifies State Bank of India
- 5th character 0 — reserved by the RBI
- Branch code 008587 — identifies State Bank Institute of Learning and Development
- Payments NEFT, RTGS, IMPS, UPI
Sources & verification
- ✔ Official source: RBI IFSC & MICR master list
- ✔ Dataset release v2.0.62
- ✔ Last updated 24 October 2026
- ✔ Format checked (11-character IFSC, 9-digit MICR)
Other SBI branches in Panaji
| Branch | IFSC | MICR |
|---|---|---|
| Mini Cac , Margaon STATE BANK OF INDIA,MINI CAC ,MARGAON,NEAR MUNICIPAL GARDEN,MARGAO,GOA403601 | SBIN0015621 | — |
| Racc R and Db Ponda RACC (R AND DB) PONDA, SBI PONDA BRANCH, GRACIAS BUILDING, PONDA SOUTH GOA | SBIN0062914 | 403002120 |
| Racc R and Db Gogol RACC (R AND DB) GOGOL, SBI GOGOL BRANCH, BOLSHE PLAZA GROUND FLOOR, BY PASS ROAD, SOUTH GO | SBIN0062915 | 403002121 |
| Mini RACPC Margao MINI RACPC,SBI MARGAO MAIN BRANCH,FIRST FLOOR,NEAR MUNICIPAL GARDEN,MARGAO,SOUTH GOA 40360 | SBIN0064122 | 403002124 |
| Fslo Panaji SBI,GROUND FLOOR,STATE BANK BHAVAN,ST.INEZ,PANAJI,GOA.-403001 | SBIN0064319 | 403002125 |
| Mini RACPC Panaji SBI PANAJI MAIN BRANCH,2ND FLOOR,PANAJI,NORTH GOA 403001 | SBIN0064572 | 403002091 |
Frequently asked questions
What is the IFSC code of SBI State Bank Institute of Learning and Development?
SBIN0008587. It identifies the State Bank Institute of Learning and Development branch of State Bank of India in Panaji, Goa.
What is the MICR code of SBI State Bank Institute of Learning and Development?
The RBI list does not show a MICR code for this branch; it may not issue MICR cheques.
Where is SBI State Bank Institute of Learning and Development branch?
EDC PLOT NO 25.A, PATTO PLAZA, PANAJI, GOA, Goa.
Does SBIN0008587 support NEFT, RTGS and IMPS?
Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.
What do the parts of SBIN0008587 mean?
SBIN is the bank code of State Bank of India, the 5th character "0" is reserved by the RBI, and 008587 is the branch code of State Bank Institute of Learning and Development.
How many SBI branches are in Panaji?
7. Each has its own IFSC code.