IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - CHEERA CHAS (DIST BOKARO) - CHEERA CHAS (DIST BOKARO) - CHEERA CHAS

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


IFSC Code

BKID0005852

MICR Code

827013010

Branch

CHEERA CHAS

Contact

6542266005

Address

MAIN ROAD AT - CHEERAPO- CHAS DISTT BOKARO

City

CHEERA CHAS (DIST BOKARO)

District

CHEERA CHAS (DIST BOKARO)

State

JHARKHAND





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

BKID0005852

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.