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

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


IFSC Code

BKID0005696

MICR Code

523013643

Branch

INKOLLU

Contact

8594244198

Address

DR. NO: 9/93 HINDI BHAVAN PARCHUR ROAD INPRAKASAM DIST AP-523167

City

INKOLLU

District

INKOLLU

State

ANDHRA PRADESH





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

BKID0005696

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.