IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - PATNA - PATNA - BORING CANAL ROAD

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


IFSC Code

BKID0004428

MICR Code

800013015

Branch

BORING CANAL ROAD

Contact

6122557676

Address

BIHAR RAJYA JAL PARISHADRAJAPUR BRIDGEBORING CANAL ROADPATNA BIHAR-800 001

City

PATNA

District

PATNA

State

BIHAR





What is IFSC Code of BANK OF INDIA situated at BORING CANAL ROAD- RTGS-HO?
IFSC Code of BANK OF INDIA situated at BORING CANAL ROAD - RTGS-HO is

BKID0004428

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.