IFSC Code, MICR Codes for BANK OF INDIA in BIHAR - SOWAN (DIST. BAUXAR) - SOWAN (DIST. BAUXAR) - SOWAN

BANK OF INDIA RTGS HO Branch in SOWAN (DIST. BAUXAR) - Address, IFSC, MICR Code


IFSC Code

BKID0004609

MICR Code

802013503

Branch

SOWAN

Contact

9431027605

Address

AT & P. O. SOWANDISTRICT BUXAR

City

SOWAN (DIST. BAUXAR)

District

SOWAN (DIST. BAUXAR)

State

BIHAR





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

BKID0004609

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.