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

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


IFSC Code

BKID0005878

MICR Code

825013008

Branch

RAMNAGAR

Contact

6546252305

Address

AT AND POST RAMNAGARDIST HAZARIBAG JHARKHAND TEL. 06546252305

City

RAMNAGAR

District

RAMNAGAR

State

JHARKHAND





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

BKID0005878

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.