IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - BOKARO - BOKARO - KATHARA

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


IFSC Code

BKID0004793

MICR Code

827013506

Branch

KATHARA

Contact

6549235650

Address

AT & PO. KATHARADIST. BOKARO JHARKHAND

City

BOKARO

District

BOKARO

State

JHARKHAND





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

BKID0004793

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.