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

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


IFSC Code

BKID0009466

MICR Code

495013503

Branch

KOSMANDA

Contact

9993977877

Address

VILLAGE AND POST KOSMANDADISTT. JANJGIR CHAMPA

City

KOSMANDA

District

KOSMANDA

State

CHANDIGARH





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

BKID0009466

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.