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

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


IFSC Code

BKID0004458

MICR Code

800013019

Branch

BAILEY ROAD

Contact

6122590198

Address

JAGDEO PATH MOD BAILEY ROADPATNA BIHAR - 800014

City

PATNA

District

PATNA

State

BIHAR





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

BKID0004458

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.