IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - WARANGAL - WARANGAL - PRAGATHI IND. ESTATE

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


IFSC Code

BKID0008681

MICR Code

506013002

Branch

PRAGATHI IND. ESTATE

Contact

8702424310

Address

11-5-248 249 KRISTIAN COLONYNEAR CHURCH NARSAMPETH ROAD

City

WARANGAL

District

WARANGAL

State

ANDHRA PRADESH





What is IFSC Code of BANK OF INDIA situated at PRAGATHI IND. ESTATE- RTGS-HO?
IFSC Code of BANK OF INDIA situated at PRAGATHI IND. ESTATE - RTGS-HO is

BKID0008681

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.