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

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


IFSC Code

BKID0002300

MICR Code

385013001

Branch

PALANPUR

Contact

2742250678

Address

PARTH COMPLEX NEAR KOZY TOWEROPP ZOWAR PALACE PALANPUR DIST.BANASKANTHA

City

PALANPUR

District

PALANPUR

State

GUJARAT





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

BKID0002300

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.