IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - AHMEDABAD - AHMEDABAD - NEW CLOTH MARKET

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


IFSC Code

BKID0002010

MICR Code

380013023

Branch

NEW CLOTH MARKET

Contact

2216223522

Address

PURSHOTTAM MILL COMPOUNDOUTSIDE RAIPUR GATE

City

AHMEDABAD

District

AHMEDABAD

State

GUJARAT





What is IFSC Code of BANK OF INDIA situated at NEW CLOTH MARKET- RTGS-HO?
IFSC Code of BANK OF INDIA situated at NEW CLOTH MARKET - RTGS-HO is

BKID0002010

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.