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

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


IFSC Code

BKID0009071

MICR Code

462013505

Branch

TARA SEWANIYA

Contact

0

Address

BLOCK TEHSIL FANDADIST BHOPAL M.P 462036

City

TARA SEWANIYA

District

TARA SEWANIYA

State

MADHYA PRADESH





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

BKID0009071

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.