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

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


IFSC Code

BKID0005659

MICR Code

518013102

Branch

NANDYAL

Contact

8514247727

Address

H.NO: 25/156SANJEEVANAGAR

City

NANDYAL

District

NANDYAL

State

ANDHRA PRADESH





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

BKID0005659

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.