IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - HOSHANGABAD - HOSHANGABAD - SEONI MALWA

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


IFSC Code

BKID0009039

MICR Code

461013506

Branch

SEONI MALWA

Contact

7570224030

Address

OPP. BUS STAND SEONI MALWADIST - HOSHANGABAD

City

HOSHANGABAD

District

HOSHANGABAD

State

MADHYA PRADESH





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

BKID0009039

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.