IFSC Code, MICR Codes for BANK OF INDIA in DELHI - NEW DELHI - NEW DELHI - PARLIAMENT STREET

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


IFSC Code

BKID0006016

MICR Code

110013024

Branch

PARLIAMENT STREET

Contact

2884406823

Address

P.T.I. BUILDING4 PARLIAMENT STREET

City

NEW DELHI

District

NEW DELHI

State

DELHI





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

BKID0006016

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.