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

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


IFSC Code

BKID0009058

MICR Code

461013511

Branch

SHOBHAPUR

Contact

0

Address

MAIN ROAD SHOBHAPUR POST & TEHSIL SHOBHAPURDIST HOSHANGABAD M.P. - 461772

City

SHOBHAPUR

District

SHOBHAPUR

State

MADHYA PRADESH





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

BKID0009058

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.