IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - MADHUBANI - MADHUBANI - SAKRI MADHUBANI BRANCH

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


IFSC Code

BKID0005996

MICR Code

WAITING

Branch

SAKRI MADHUBANI BRANCH

Contact

9472949111

Address

BANK OF INDIA SAKRI MADHUBANI BRANCH AT PO SAKRI BIHAR PIN 847239

City

MADHUBANI

District

MADHUBANI

State

BIHAR





What is IFSC Code of BANK OF INDIA situated at SAKRI MADHUBANI BRANCH- RTGS-HO?
IFSC Code of BANK OF INDIA situated at SAKRI MADHUBANI BRANCH - RTGS-HO is

BKID0005996

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.