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

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


IFSC Code

BKID0001010

MICR Code

403013020

Branch

SALIGAO

Contact

8322278371

Address

NEAR POST OFFICESALIGAO

City

SALIGAO

District

SALIGAO

State

GOA





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

BKID0001010

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.