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

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


IFSC Code

BKID0005727

MICR Code

WAITING

Branch

YERRAGUNTLA

Contact

9948181664

Address

YERRAGUNTLA BRANCH D NO 2 125A YERRAGUNTLA PIN 518510

City

KURNOOL

District

KURNOOL

State

ANDHRA PRADESH





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

BKID0005727

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.