IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - BALAKWADA (DIST. KHARGONE) - BALAKWADA (DIST. KHARGONE) - BALAKWADA

BANK OF INDIA RTGS HO Branch in BALAKWADA (DIST. KHARGONE) - Address, IFSC, MICR Code


IFSC Code

BKID0009928

MICR Code

451013502

Branch

BALAKWADA

Contact

7285268634

Address

AT & P.O. BALAKWADATEHSIL KASRAWAD DIST KHARGONE

City

BALAKWADA (DIST. KHARGONE)

District

BALAKWADA (DIST. KHARGONE)

State

MADHYA PRADESH





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

BKID0009928

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.