IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - PONNUR (GUNTUR DIST) - PONNUR (GUNTUR DIST) - PONNUR

BANK OF INDIA RTGS HO Branch in PONNUR (GUNTUR DIST) - Address, IFSC, MICR Code


IFSC Code

BKID0005671

MICR Code

522013602

Branch

PONNUR

Contact

8643241008

Address

D.NO. 14-1-20 GBC ROADPONNUR GUNTUR DIST

City

PONNUR (GUNTUR DIST)

District

PONNUR (GUNTUR DIST)

State

ANDHRA PRADESH





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

BKID0005671

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.