IFSC Code, MICR Codes for BANK OF INDIA in CHANDIGARH - RAIPUR - RAIPUR - PACHPEDI NAKA

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


IFSC Code

BKID0009352

MICR Code

492013004

Branch

PACHPEDI NAKA

Contact

7712411903

Address

REENA APARTMENTPATWA BUILDING

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

BKID0009352

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.