IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - BENZ CIRCLE - BENZ CIRCLE - BENZ CIRCLE

BANK OF INDIA RTGS HO Branch in BENZ CIRCLE - Address, IFSC, MICR Code


IFSC Code

BKID0005695

MICR Code

520013006

Branch

BENZ CIRCLE

Contact

8662478237

Address

D.NO:40-1-59 BUNDER ROAD OPP. MODERN SUPERVIJAYAWADA KRISHNA DIST AP-520002

City

BENZ CIRCLE

District

BENZ CIRCLE

State

ANDHRA PRADESH





What is IFSC Code of BANK OF INDIA situated at BENZ CIRCLE- RTGS-HO?
IFSC Code of BANK OF INDIA situated at BENZ CIRCLE - RTGS-HO is

BKID0005695

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.