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

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


IFSC Code

BKID0008616

MICR Code

530013002

Branch

GAJUWAKA

Contact

8912512774

Address

DOOR. NO. 9-8-64 SRI RAM NIWASGAJUWAKA-ANAKAPALLI MAIN RD GAJUWAKA DIST VISAKHAPAT

City

VISHAKAPATNAM

District

VISHAKAPATNAM

State

ANDHRA PRADESH





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

BKID0008616

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.