IFSC Code, MICR Codes for BANK OF INDIA in GUJARAT - VADODRA - VADODRA - MAHATMA GANDHI ROAD

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


IFSC Code

BKID0002502

MICR Code

390013004

Branch

MAHATMA GANDHI ROAD

Contact

2652419364

Address

MAHATMA GANDHI ROADPOST BOX NO. 34

City

VADODRA

District

VADODRA

State

GUJARAT





What is IFSC Code of BANK OF INDIA situated at MAHATMA GANDHI ROAD- RTGS-HO?
IFSC Code of BANK OF INDIA situated at MAHATMA GANDHI ROAD - RTGS-HO is

BKID0002502

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.