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

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


IFSC Code

BKID0009016

MICR Code

463013106

Branch

BERASIA

Contact

7565282234

Address

SHRI MAHESH SARAF BHAWANVIDISHA ROAD BERASIA

City

BERASIA (MP)

District

BERASIA (MP)

State

MADHYA PRADESH





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

BKID0009016

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.