IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - KHANDWA - KHANDWA - ANAND NAGAR

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


IFSC Code

BKID0009519

MICR Code

450013009

Branch

ANAND NAGAR

Contact

7332249981

Address

PANDIT MAKHANLAL CHATURVEDI MARGANAND NAGAR KHANDWA

City

KHANDWA

District

KHANDWA

State

MADHYA PRADESH





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

BKID0009519

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.