IFSC Code, MICR Codes for BANK OF INDIA in CHANDIGARH - BALODA BAZAR (CG) - BALODA BAZAR (CG) - BALODA BAZAR

BANK OF INDIA RTGS HO Branch in BALODA BAZAR (CG) - Address, IFSC, MICR Code


IFSC Code

BKID0009340

MICR Code

493013151

Branch

BALODA BAZAR

Contact

7727223690

Address

MAIN ROADBALODA BAZAR

City

BALODA BAZAR (CG)

District

BALODA BAZAR (CG)

State

CHANDIGARH





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

BKID0009340

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.