IFSC Code, MICR Codes for BANK OF INDIA in JHARKHAND - SITU ICHAGARH - SITU ICHAGARH - MILAN CHOWK

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


IFSC Code

BKID0005950

MICR Code

NA

Branch

MILAN CHOWK

Contact

0

Address

MILAN CHOWK BR SITU MILAN CHOWK ROADVILL SITU ICHAGARH DT-SERAIKELA KHARSAWAN

City

SITU ICHAGARH

District

SITU ICHAGARH

State

JHARKHAND





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

BKID0005950

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.