IFSC Code, MICR Codes for BANK OF INDIA in KERALA - PALAKKAD - PALAKKAD - CHANDRANAGAR

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


IFSC Code

BKID0008535

MICR Code

678013003

Branch

CHANDRANAGAR

Contact

4912572105

Address

SHREE GANESH TOWERSPIRIVUSALAP.O.CHANDRANAGAR

City

PALAKKAD

District

PALAKKAD

State

KERALA





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

BKID0008535

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.