IFSC Code, MICR Codes for BANK OF INDIA in HARYANA - AMBALA - AMBALA - NEW GRAIN MARKET

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


IFSC Code

BKID0006713

MICR Code

134013003

Branch

NEW GRAIN MARKET

Contact

1712533217

Address

SHOP NO. 18NEW GRAIN MARKET

City

AMBALA

District

AMBALA

State

HARYANA





What is IFSC Code of BANK OF INDIA situated at NEW GRAIN MARKET- RTGS-HO?
IFSC Code of BANK OF INDIA situated at NEW GRAIN MARKET - RTGS-HO is

BKID0006713

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.