IFSC Code, MICR Codes for BANK OF INDIA in CHANDIGARH - MANENDRAGARH (RAIPUR) - MANENDRAGARH (RAIPUR) - MANENDRAGARH

BANK OF INDIA RTGS HO Branch in MANENDRAGARH (RAIPUR) - Address, IFSC, MICR Code


IFSC Code

BKID0009386

MICR Code

497013101

Branch

MANENDRAGARH

Contact

7771243101

Address

SBI ROAD MAIN MARKETMANENDRAGARH

City

MANENDRAGARH (RAIPUR)

District

MANENDRAGARH (RAIPUR)

State

CHANDIGARH





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

BKID0009386

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.