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

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


IFSC Code

BKID0005665

MICR Code

532013002

Branch

SRIKAKULAM

Contact

8942220051

Address

D.NL. 12-13-87 NEAR RAMALAKSHMANA JUNCTIONG T ROAD SRIKAKULAM SRIKAKULAM DIST

City

SRIKAKULAM

District

SRIKAKULAM

State

ANDHRA PRADESH





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

BKID0005665

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.