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

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


IFSC Code

BKID0008440

MICR Code

575013002

Branch

MANGALORE

Contact

8242440423

Address

K. S. RAO ROADPOST BOX NO. 163 HAMPANKATTA

City

MANGALORE

District

MANGALORE

State

KARNATAKA





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

BKID0008440

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.