IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - CHICKMAGALUR (KARNATAKA) - CHICKMAGALUR (KARNATAKA) - CHICKMAGALORE

BANK OF INDIA RTGS HO Branch in CHICKMAGALUR (KARNATAKA) - Address, IFSC, MICR Code


IFSC Code

BKID0008443

MICR Code

577013102

Branch

CHICKMAGALORE

Contact

8262235156

Address

CRESCENT COURTKADUR-MANGALORE ROADCHICKMAGALORE

City

CHICKMAGALUR (KARNATAKA)

District

CHICKMAGALUR (KARNATAKA)

State

KARNATAKA





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

BKID0008443

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.