IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - VISHAKAPATNAM - VISHAKAPATNAM - VISAKHAPATNAM SERVICE

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


IFSC Code

BKID0005607

MICR Code

530013010

Branch

VISAKHAPATNAM SERVICE

Contact

8912551298

Address

1ST FLOOR ISNAR PLAZA TOWERS 2ND LINEDWARAKANAGAR VISAKHAPATNAM - 530 016

City

VISHAKAPATNAM

District

VISHAKAPATNAM

State

ANDHRA PRADESH





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

BKID0005607

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.