IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - KANNOD (DIST. DEWAS) - KANNOD (DIST. DEWAS) - KANNOD

BANK OF INDIA RTGS HO Branch in KANNOD (DIST. DEWAS) - Address, IFSC, MICR Code


IFSC Code

BKID0008916

MICR Code

455013515

Branch

KANNOD

Contact

7273222327

Address

254 M. G. ROADKANNOD DIST. DEWAS

City

KANNOD (DIST. DEWAS)

District

KANNOD (DIST. DEWAS)

State

MADHYA PRADESH





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

BKID0008916

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.