IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - PARSA BAZAR (DIST SARAN) - PARSA BAZAR (DIST SARAN) - PARSA BAZAR

BANK OF INDIA RTGS HO Branch in PARSA BAZAR (DIST SARAN) - Address, IFSC, MICR Code


IFSC Code

BKID0004495

MICR Code

841013501

Branch

PARSA BAZAR

Contact

9006038615

Address

P. O. PARSAGARHDISTRICT SARAN

City

PARSA BAZAR (DIST SARAN)

District

PARSA BAZAR (DIST SARAN)

State

BIHAR





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

BKID0004495

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.