IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - DALTONGANJ - DALTONGANJ - REDMA CHOWK

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


IFSC Code

BKID0005898

MICR Code

822013004

Branch

REDMA CHOWK

Contact

7250898601

Address

NEAR - KALI MANDIR REDMA CHOWK DALTONGANJDISTRICT - PALAMAU JHARKHAND:822101

City

DALTONGANJ

District

DALTONGANJ

State

JHARKHAND





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

BKID0005898

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.