IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - HYDERABAD - HYDERABAD - HYDERABAD ASSET RECOVERY

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


IFSC Code

BKID0008630

MICR Code

580013099

Branch

HYDERABAD ASSET RECOVERY

Contact

4023328143

Address

10-1-1199 1ST FLOOR A.C.GUARDSPTI BUILDINGHYDRABAD

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of BANK OF INDIA situated at HYDERABAD ASSET RECOVERY- RTGS-HO?
IFSC Code of BANK OF INDIA situated at HYDERABAD ASSET RECOVERY - RTGS-HO is

BKID0008630

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.