IFSC Code, MICR Codes for BANK OF INDIA in DELHI - NEW DELHI - NEW DELHI - ASAF ALI ROAD

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


IFSC Code

BKID0006001

MICR Code

110013002

Branch

ASAF ALI ROAD

Contact

2883312523

Address

4/8 ASAFALI ROADPOST BOX NO.7044

City

NEW DELHI

District

NEW DELHI

State

DELHI





What is IFSC Code of BANK OF INDIA situated at ASAF ALI ROAD- RTGS-HO?
IFSC Code of BANK OF INDIA situated at ASAF ALI ROAD - RTGS-HO is

BKID0006001

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.