IFSC Code, MICR Codes for BANK OF INDIA in CHHATTISGARH - DURG - BALOD - GUNDERDEHI

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


IFSC Code

BKID0009316

MICR Code

491013506

Branch

GUNDERDEHI

Contact

7415675768

Address

PAYAL PLAZA OPPOSITE BUS STAND AT POST GUNDERDEHI DIST BALOD STATE CHHATTISGARH

City

BALOD

District

DURG

State

CHHATTISGARH





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

BKID0009316

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.