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

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


IFSC Code

BKID0008442

MICR Code

575013003

Branch

KODICAL

Contact

8242458603

Address

WARD NO.1 SR.NO.173 H/14DEREBAIL VILLAGE

City

MANGALORE

District

MANGALORE

State

KARNATAKA





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

BKID0008442

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.