IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - BARELI ( DISTT RAISEN MP) - BARELI ( DISTT RAISEN MP) - BARELI

BANK OF INDIA RTGS HO Branch in BARELI ( DISTT RAISEN MP) - Address, IFSC, MICR Code


IFSC Code

BKID0009061

MICR Code

464013501

Branch

BARELI

Contact

7486232200

Address

3 NEW RATHI COLONY COLLEGE ROADWARD NO. 7 BARELI

City

BARELI ( DISTT RAISEN MP)

District

BARELI ( DISTT RAISEN MP)

State

MADHYA PRADESH





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

BKID0009061

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.