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

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


IFSC Code

BKID0004832

MICR Code

825013514

Branch

PADMA

Contact

6546238031

Address

AT & POST PADMADISTRICT HAZARIBAGH

City

PADMA (DIST. HAZARIBAGH)

District

PADMA (DIST. HAZARIBAGH)

State

JHARKHAND





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

BKID0004832

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.