IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - SHAHPUR - SHAHPUR - SHAHPUR BETUL

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


IFSC Code

BKID0009586

MICR Code

NA

Branch

SHAHPUR BETUL

Contact

0

Address

STATION ROAD VILL AND POST SHAHPURTEHSIL SHAHPUR DISTRICT BETUL

City

SHAHPUR

District

SHAHPUR

State

MADHYA PRADESH





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

BKID0009586

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.