IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - NARSIMHAPUR - NARSIMHAPUR - GOTEGAON

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


IFSC Code

BKID0009435

MICR Code

487013504

Branch

GOTEGAON

Contact

9425836648

Address

RUDRA WARD RAILWAY STATION ROAD NEAR BPCL PETROL PUMP PO GOTEGAON SHREEDHAM 487118

City

NARSIMHAPUR

District

NARSIMHAPUR

State

MADHYA PRADESH





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

BKID0009435

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.