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

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


IFSC Code

BKID0009961

MICR Code

465013524

Branch

MACHALPUR

Contact

7370271234

Address

AT & POST MACHALPURDISTRICT RAJGARH TAL.ZIRAPUR

City

MACHALPUR (DIST. RAJGARH)

District

MACHALPUR (DIST. RAJGARH)

State

MADHYA PRADESH





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

BKID0009961

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.