IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - RATIBAD (DISTT BHOPAL MP) - RATIBAD (DISTT BHOPAL MP) - RATIBAD

BANK OF INDIA RTGS HO Branch in RATIBAD (DISTT BHOPAL MP) - Address, IFSC, MICR Code


IFSC Code

BKID0009070

MICR Code

462013018

Branch

RATIBAD

Contact

9893503340

Address

VILL & PO RATIBAD POLICE THANA CHAURAHABIRTHARIA MARKET ROAD RATIBAD DIST BHOPAL

City

RATIBAD (DISTT BHOPAL MP)

District

RATIBAD (DISTT BHOPAL MP)

State

MADHYA PRADESH





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

BKID0009070

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.