IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - DINNEHALLY (DIST.KOLAR) - DINNEHALLY (DIST.KOLAR) - DINNEHALLY

BANK OF INDIA RTGS HO Branch in DINNEHALLY (DIST.KOLAR) - Address, IFSC, MICR Code


IFSC Code

BKID0008456

MICR Code

563013521

Branch

DINNEHALLY

Contact

8151236403

Address

31TEKAL-MASTI ROADDINNEHALLY DIST KOLAR

City

DINNEHALLY (DIST.KOLAR)

District

DINNEHALLY (DIST.KOLAR)

State

KARNATAKA





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

BKID0008456

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.