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

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


IFSC Code

BKID0001052

MICR Code

WAITING

Branch

VALPOI

Contact

9420308877

Address

SHOP NO. 166 A CITY SHOPPING COMPLEX WARD NO. 10 NEAR JAMA MASJID THANE ROAD VALPOI GOA

City

VALPOI

District

NORTH GOA

State

GOA





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

BKID0001052

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.