IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - RAVAL (DIST JAMNAGAR) - RAVAL (DIST JAMNAGAR) - RAVAL

BANK OF INDIA RTGS HO Branch in RAVAL (DIST JAMNAGAR) - Address, IFSC, MICR Code


IFSC Code

BKID0003261

MICR Code

361013501

Branch

RAVAL

Contact

2891228237

Address

NEAR POST OFFICEPOST BOX NO.11RAVAL DIST JAMNAGAR

City

RAVAL (DIST JAMNAGAR)

District

RAVAL (DIST JAMNAGAR)

State

GUJARAT





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

BKID0003261

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.