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

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


IFSC Code

BKID0009302

MICR Code

491013002

Branch

DURG

Contact

7882323449

Address

INDIRA MARKET1ST FLOOR

City

DURG

District

DURG

State

CHANDIGARH





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

BKID0009302

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.