IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - SAMARKHA (DIST.ANAND) - SAMARKHA (DIST.ANAND) - SAMARKHA

BANK OF INDIA RTGS HO Branch in SAMARKHA (DIST.ANAND) - Address, IFSC, MICR Code


IFSC Code

BKID0002807

MICR Code

388013507

Branch

SAMARKHA

Contact

2692253988

Address

BAZARSAMARKHA DIST ANAND

City

SAMARKHA (DIST.ANAND)

District

SAMARKHA (DIST.ANAND)

State

GUJARAT





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

BKID0002807

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.