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

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


IFSC Code

BKID0008978

MICR Code

WAITING

Branch

DAMBAL

Contact

9535471143

Address

BANK OF INDIA DAMBAL GRAM PANCHAYAT BUILDING TAQ MUNDARAGI PIN CODE 582 113

City

DAMBAL

District

GADAG

State

KARNATAKA





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

BKID0008978

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.