IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - BORGAON BUZURG (DIST. KHANDWA) - BORGAON BUZURG (DIST. KHANDWA) - BORGAON BUZURG

BANK OF INDIA RTGS HO Branch in BORGAON BUZURG (DIST. KHANDWA) - Address, IFSC, MICR Code


IFSC Code

BKID0009511

MICR Code

450013505

Branch

BORGAON BUZURG

Contact

7320285842

Address

AT & POST BORGAON BUZURGDISTRICT KHANDWA

City

BORGAON BUZURG (DIST. KHANDWA)

District

BORGAON BUZURG (DIST. KHANDWA)

State

MADHYA PRADESH





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

BKID0009511

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.