IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - SHAHPUR(JHARKHAND) - SHAHPUR(JHARKHAND) - SHAHPUR

BANK OF INDIA RTGS HO Branch in SHAHPUR(JHARKHAND) - Address, IFSC, MICR Code


IFSC Code

BKID0005897

MICR Code

822013003

Branch

SHAHPUR

Contact

9470959767

Address

NEAR - SHAHPUR KILLA AT AND POST SHAHPURDISTRICT: PALAMAU JHARKHAND:822110

City

SHAHPUR(JHARKHAND)

District

SHAHPUR(JHARKHAND)

State

JHARKHAND





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

BKID0005897

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.