IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - BOLBA (DIST. SIMDEGA) - BOLBA (DIST. SIMDEGA) - BOLBA

BANK OF INDIA RTGS HO Branch in BOLBA (DIST. SIMDEGA) - Address, IFSC, MICR Code


IFSC Code

BKID0004932

MICR Code

835013704

Branch

BOLBA

Contact

6539266220

Address

AT & POST BOLBADISTRICT SIMDEGA

City

BOLBA (DIST. SIMDEGA)

District

BOLBA (DIST. SIMDEGA)

State

JHARKHAND





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

BKID0004932

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.