IFSC Code, MICR Codes for BANK OF INDIA in ANDHRA PRADESH - WEST GODAVARI - CHAGALLU - BRAHMANNAGUDEM

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


IFSC Code

BKID0005687

MICR Code

534013565

Branch

BRAHMANNAGUDEM

Contact

8813223838

Address

H/O GARAPATI RAMESH CHANDRA CHOWDARY BRAHMANNAGUDEM CHAGALLU MANDAL WEST GODAVARI

City

CHAGALLU

District

WEST GODAVARI

State

ANDHRA PRADESH





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

BKID0005687

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.