IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - BHAVNAGAR - BHAVNAGAR - SHASTRINAGAR

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


IFSC Code

BKID0003206

MICR Code

364013004

Branch

SHASTRINAGAR

Contact

2782515585

Address

119 / 120 SHASTRI NAGARWARD NO. 7 BHAVNAGAR

City

BHAVNAGAR

District

BHAVNAGAR

State

GUJARAT





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

BKID0003206

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.