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

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


IFSC Code

BKID0003103

MICR Code

360013007

Branch

PANCHNATH

Contact

2812456150

Address

OPP. JANSATTA PRESS NR. MOTI TANK CHOWKSADAR RAJKOT 360001

City

RAJKOT

District

RAJKOT

State

GUJARAT





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

BKID0003103

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.