IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - KANDUKUR (PRAKASAM DISTT AP) - KANDUKUR (PRAKASAM DISTT AP) - KANDUKUR

BANK OF INDIA RTGS HO Branch in KANDUKUR (PRAKASAM DISTT AP) - Address, IFSC, MICR Code


IFSC Code

BKID0005617

MICR Code

523013682

Branch

KANDUKUR

Contact

8598221225

Address

D.NO.:11-2-159 OV ROAD (SINGRAYAKONDA ROAD)OPP STATE BANK OF HYDERABAD

City

KANDUKUR (PRAKASAM DISTT AP)

District

KANDUKUR (PRAKASAM DISTT AP)

State

ANDHRA PRADESH





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

BKID0005617

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.