IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - BARUCH - BARUCH - BHARUCH

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


IFSC Code

BKID0003000

MICR Code

392013001

Branch

BHARUCH

Contact

2642242047

Address

NEW RASDA BUILDINGPANCH BATTI BHARUCH

City

BARUCH

District

BARUCH

State

GUJARAT





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

BKID0003000

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.