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

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


IFSC Code

BKID0004936

MICR Code

834013506

Branch

RAIDIHMORE

Contact

6530272500

Address

AT & POST RARGAONDIST. RANCHI

City

RAIDIHMORE (DIST. RANCHI)

District

RAIDIHMORE (DIST. RANCHI)

State

JHARKHAND





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

BKID0004936

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.