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

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


IFSC Code

BKID0005624

MICR Code

533013502

Branch

MANDAPETA

Contact

0

Address

D.NO.4-19-43 2ND WARD SRI NAGARRAJA RATNA ROAD MANDAPETA EAST GODAVARI DT

City

MANDAPETA AP.

District

MANDAPETA AP.

State

ANDHRA PRADESH





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

BKID0005624

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.