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

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


IFSC Code

BKID0009914

MICR Code

451013517

Branch

BALWADI

Contact

7281262223

Address

AT & POST BALWADITEHSIL SENDHWA DIST BARWANI

City

BALWADA (DIST. KHARGONE)

District

BALWADA (DIST. KHARGONE)

State

MADHYA PRADESH





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

BKID0009914

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.