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

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


IFSC Code

BKID0009581

MICR Code

460013501

Branch

CHICHOLI

Contact

0

Address

WARD NO. 5 VIVEKANAND ROADBHIMPUR ROAD CHICHOLI DIST BETUL

City

BETUL (MP)

District

BETUL (MP)

State

MADHYA PRADESH





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

BKID0009581

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.