IFSC Code, MICR Codes for BANK OF INDIA in CHANDIGARH - BHILAI - BHILAI - BHILAI

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


IFSC Code

BKID0009300

MICR Code

490013002

Branch

BHILAI

Contact

7882224517

Address

PLOT NO. 6CIVIC CENTRE

City

BHILAI

District

BHILAI

State

CHANDIGARH





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

BKID0009300

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.