IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - RAJAM (AP) - RAJAM (AP) - RAJAM

BANK OF INDIA RTGS HO Branch in RAJAM (AP) - Address, IFSC, MICR Code


IFSC Code

BKID0005666

MICR Code

532013152

Branch

RAJAM

Contact

8941252511

Address

BESIDE KRISHNA CLINIC SRIKAKULAM ROADSRIKAKULAM DIST. ANDHRA PRADESH

City

RAJAM (AP)

District

RAJAM (AP)

State

ANDHRA PRADESH





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

BKID0005666

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.