IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - BURHANPUR - BURHANPUR - INDIRA NAGAR

BANK OF INDIA RTGS HO Branch in BURHANPUR - Address, IFSC, MICR Code


IFSC Code

BKID0009532

MICR Code

450013002

Branch

INDIRA NAGAR

Contact

7325252811

Address

ADARSH SEWA SAMITEE RAJASTHAN BHAWANBAHADARPUR ROAD BURHANPUR (MP)

City

BURHANPUR

District

BURHANPUR

State

MADHYA PRADESH





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

BKID0009532

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.