IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - LAUFA (DISTT MADHUBANI) - LAUFA (DISTT MADHUBANI) - LAUFA

BANK OF INDIA RTGS HO Branch in LAUFA (DISTT MADHUBANI) - Address, IFSC, MICR Code


IFSC Code

BKID0004687

MICR Code

847013506

Branch

LAUFA

Contact

183283004

Address

BLOCK -LAKHNAUR VAI JHANJHARPURDISTT - MADHUBANI

City

LAUFA (DISTT MADHUBANI)

District

LAUFA (DISTT MADHUBANI)

State

BIHAR





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

BKID0004687

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.