IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - MADHEPURA - MADHEPURA - MADHEPURA

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


IFSC Code

BKID0004588

MICR Code

852013202

Branch

MADHEPURA

Contact

6476222061

Address

NEAR- S NP M HIGH SCHOOLMAIN ROAD MADHEPURA

City

MADHEPURA

District

MADHEPURA

State

BIHAR





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

BKID0004588

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.