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

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


IFSC Code

BKID0002083

MICR Code

389013061

Branch

LUNAWADA

Contact

2674251051

Address

ABOVE DHAVAL ELECTRONICS NR BUS STANDOPP BHADAR COLONY MODASSA HIGHWAY

City

LUNAWADA

District

LUNAWADA

State

GUJARAT





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

BKID0002083

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.