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

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


IFSC Code

BKID0005627

MICR Code

509013202

Branch

SHADNAGAR

Contact

0

Address

FAROOQNAGAR (SHADNAGAR) .NO. 1-77/1/2/3 NH 7G.S.R.COMPLEX GROUND FLOOR MAHABOOBNAGAR DIS

City

SHADNAGAR (MAHABOOBNAGAR DISTRICT AP)

District

SHADNAGAR (MAHABOOBNAGAR DISTRICT AP)

State

ANDHRA PRADESH





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

BKID0005627

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.