IFSC Code, MICR Codes for BANK OF INDIA in KARNATAKA - UTTAR KANNAD - KARWAR - KARWAR

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


IFSC Code

BKID0008965

MICR Code

WAITING

Branch

KARWAR

Contact

9845519690

Address

SY NO 3A2 BAAD VILLAGE SHAN COMPLEX GREEN STREET KARWAR 581 301

City

KARWAR

District

UTTAR KANNAD

State

KARNATAKA





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

BKID0008965

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.