IFSC Code, MICR Codes for BANK OF INDIA in ASSAM - MORIGAON (ASSAM) - MORIGAON (ASSAM) - MORIGAON

BANK OF INDIA RTGS HO Branch in MORIGAON (ASSAM) - Address, IFSC, MICR Code


IFSC Code

BKID0005051

MICR Code

782013202

Branch

MORIGAON

Contact

3678241908

Address

OPPOSITE ASSAM OIL DEPOTDIST-MORIGAONASSAM-782105

City

MORIGAON (ASSAM)

District

MORIGAON (ASSAM)

State

ASSAM





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

BKID0005051

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.