IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - PENTAPADU (A.P.) - PENTAPADU (A.P.) - PENTAPADU

BANK OF INDIA RTGS HO Branch in PENTAPADU (A.P.) - Address, IFSC, MICR Code


IFSC Code

BKID0005630

MICR Code

534013642

Branch

PENTAPADU

Contact

0

Address

D NO 3-140 OPP PANCHAYAT OFFICE WARD NO 3P.P. ROAD VELAMPETA PENTAPADU A.P

City

PENTAPADU (A.P.)

District

PENTAPADU (A.P.)

State

ANDHRA PRADESH





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

BKID0005630

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.