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

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


IFSC Code

BKID0008614

MICR Code

500013014

Branch

VASAVINAGAR

Contact

4027746806

Address

PLOT NO.-28 LAXMI ENCLAVE LANE OPTT.TO FURNWORLD VASAVINAGAR SECUNDERABAD-500015

City

SECUNDERABAD

District

SECUNDERABAD

State

ANDHRA PRADESH





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

BKID0008614

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.