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

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


IFSC Code

BKID0005684

MICR Code

530013014

Branch

KANCHARAPALEM

Contact

8912555619

Address

D.NO:57-26-2SSS PLAZA THUMMADAPALEM WARD N

City

KANCHARAPALEM AP

District

KANCHARAPALEM AP

State

ANDHRA PRADESH





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

BKID0005684

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.