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

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


IFSC Code

BKID0004732

MICR Code

826013507

Branch

KANDRA

Contact

3262245321

Address

DHANBAD SINDRI ROADP. O. MOTINAGAR DIST DHANBAD

City

KANDRA (DIST. DHANBAD)

District

KANDRA (DIST. DHANBAD)

State

JHARKHAND





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

BKID0004732

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.