IFSC Code, MICR Codes for BANK OF INDIA in GOA - BICHOLIM - BICHOLIM - BICHOLIM

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


IFSC Code

BKID0001002

MICR Code

403013003

Branch

BICHOLIM

Contact

8322362073

Address

KAMAT BLDG.OPP.NEW MUNICIPAL MARKET

City

BICHOLIM

District

BICHOLIM

State

GOA





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

BKID0001002

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.