IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - BOKARO - BOKARO - BY PASS ROAD CHAS

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


IFSC Code

BKID0004796

MICR Code

827013007

Branch

BY PASS ROAD CHAS

Contact

6542236355

Address

TRIMURTI PALACEBY PASS ROADCHASDISTT. BOKARO

City

BOKARO

District

BOKARO

State

JHARKHAND





What is IFSC Code of BANK OF INDIA situated at BY PASS ROAD CHAS- RTGS-HO?
IFSC Code of BANK OF INDIA situated at BY PASS ROAD CHAS - RTGS-HO is

BKID0004796

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.