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

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


IFSC Code

BKID0002765

MICR Code

395013023

Branch

VESU

Contact

9925026120

Address

VESU BRANCH SHOP NO.GF-56&7WESTERN BUSINESS PARKVESU CROSS ROAD

City

SURAT

District

SURAT

State

GUJARAT





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

BKID0002765

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.