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

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


IFSC Code

BKID0005608

MICR Code

523013522

Branch

GIDDALUR

Contact

8405242189

Address

DOOR NO: 4-9-151 OLD BADWEL ROADGIDDALURPRAKASAM DIST ANDHRA PRADESH-523357

City

GIDDALUR

District

GIDDALUR

State

ANDHRA PRADESH





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

BKID0005608

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.