IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - BAILHONGAL - BAILHONGAL - BAILHONGAL

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


IFSC Code

BKID0001114

MICR Code

590013507

Branch

BAILHONGAL

Contact

8288233436

Address

1ST FLOOR YENAGIMATH COMPLEXSANGOLLI RAYANNA CIRCLE DIST. BELGUAM

City

BAILHONGAL

District

BAILHONGAL

State

KARNATAKA





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

BKID0001114

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.