IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - SARAM BAZAR (DIST. BOKARO) - SARAM BAZAR (DIST. BOKARO) - SARAM BAZAR

BANK OF INDIA RTGS HO Branch in SARAM BAZAR (DIST. BOKARO) - Address, IFSC, MICR Code


IFSC Code

BKID0004836

MICR Code

827013517

Branch

SARAM BAZAR

Contact

6549230683

Address

AT & POST SARAM BAZARDISTRICT BOKARO

City

SARAM BAZAR (DIST. BOKARO)

District

SARAM BAZAR (DIST. BOKARO)

State

JHARKHAND





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

BKID0004836

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.