IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - BURHANPUR - BURHANPUR - AMRAVATI ROAD

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


IFSC Code

BKID0009575

MICR Code

450013003

Branch

AMRAVATI ROAD

Contact

7325242811

Address

PLOT NO: 1 MOHANNAGAR

City

BURHANPUR

District

BURHANPUR

State

MADHYA PRADESH





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

BKID0009575

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.