IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - BIJAPUR - BIJAPUR - BIJAPUR STATION ROAD

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


IFSC Code

BKID0008495

MICR Code

586013002

Branch

BIJAPUR STATION ROAD

Contact

8352252092

Address

162 SHANTINIKETANSTATION ROADBIJAPUR

City

BIJAPUR

District

BIJAPUR

State

KARNATAKA





What is IFSC Code of BANK OF INDIA situated at BIJAPUR STATION ROAD- RTGS-HO?
IFSC Code of BANK OF INDIA situated at BIJAPUR STATION ROAD - RTGS-HO is

BKID0008495

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.