IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - MOTA KARALA (DIST.VADODARA) - MOTA KARALA (DIST.VADODARA) - MOTA KARALA

BANK OF INDIA RTGS HO Branch in MOTA KARALA (DIST.VADODARA) - Address, IFSC, MICR Code


IFSC Code

BKID0002602

MICR Code

391013506

Branch

MOTA KARALA

Contact

2666275109

Address

RANCHHODJI MANDIR 1ST FLOORAT & POST MOTA-KARALA DIST VADODARA

City

MOTA KARALA (DIST.VADODARA)

District

MOTA KARALA (DIST.VADODARA)

State

GUJARAT





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

BKID0002602

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.