IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - SHIVPURI - KARERA - KARERA

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


IFSC Code

BKID0009085

MICR Code

473013504

Branch

KARERA

Contact

9977457615

Address

KARERA BRANCH NEW COLONY NEAR KALI MATA TEMPLE KARERA TEHSIL KARERA M P PINCODE 473660

City

KARERA

District

SHIVPURI

State

MADHYA PRADESH





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

BKID0009085

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.