IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - KODERMA - KODERMA - CHARADIH

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


IFSC Code

BKID0005885

MICR Code

825013104

Branch

CHARADIH

Contact

9031301428

Address

AT CHARADIH PO - KARMADIST KODERMA JHARKHAND

City

KODERMA

District

KODERMA

State

JHARKHAND





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

BKID0005885

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.