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

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


IFSC Code

BKID0002810

MICR Code

388013002

Branch

KARAMSAD

Contact

2692222042

Address

OPP. BAPESHWAR MAHADEOKARAMSAD

City

KARAMSAD

District

KARAMSAD

State

GUJARAT





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

BKID0002810

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.