IFSC Code, MICR Codes for BANK OF INDIA in DELHI - NEW DELHI - NEW DELHI - CONNAUGHT CIRCUS

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


IFSC Code

BKID0006003

MICR Code

110013006

Branch

CONNAUGHT CIRCUS

Contact

2373168123

Address

CENTRAL RINGPOST BOX NO.404

City

NEW DELHI

District

NEW DELHI

State

DELHI





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

BKID0006003

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.