IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - KHARGONE - KHARGONE - BISTAN ROAD

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


IFSC Code

BKID0009547

MICR Code

NA

Branch

BISTAN ROAD

Contact

0

Address

BISTAN ROAD BRANCH BISTAN ROADKHARGONE - 451 001.(MP)

City

KHARGONE

District

KHARGONE

State

MADHYA PRADESH





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

BKID0009547

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.