IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - DHANBAD - DHANBAD - INDIAN SCHOOL OF MINES

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


IFSC Code

BKID0005872

MICR Code

826013021

Branch

INDIAN SCHOOL OF MINES

Contact

0

Address

INFRONT OF ISM GATEPOLICE LINE POST ISM

City

DHANBAD

District

DHANBAD

State

JHARKHAND





What is IFSC Code of BANK OF INDIA situated at INDIAN SCHOOL OF MINES- RTGS-HO?
IFSC Code of BANK OF INDIA situated at INDIAN SCHOOL OF MINES - RTGS-HO is

BKID0005872

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.