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

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


IFSC Code

BKID0005686

MICR Code

WAITING

Branch

MANGALAGIRI

Contact

9492710502

Address

RAJA RAJEESWARI TOWERS OPP OLD BUS STAND NIDAMANURU ROAD MANGALAGIRI 522503

City

GUNTUR

District

GUNTUR

State

ANDHRA PRADESH





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

BKID0005686

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.