IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - CHAS (JHARKHAND) - CHAS (JHARKHAND) - ITI MORE

BANK OF INDIA RTGS HO Branch in CHAS (JHARKHAND) - Address, IFSC, MICR Code


IFSC Code

BKID0005855

MICR Code

827013015

Branch

ITI MORE

Contact

6542265141

Address

PURULIA ROAD OPPOSITE BDO OFFICE CHASDISTT. BOKARO

City

CHAS (JHARKHAND)

District

CHAS (JHARKHAND)

State

JHARKHAND





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

BKID0005855

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.