IFSC Code, MICR Codes for BANK OF INDIA in MADHYA PRADESH - UJJAIN - UJJAIN - ARVIND NAGAR

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


IFSC Code

BKID0009107

MICR Code

456013005

Branch

ARVIND NAGAR

Contact

7342552734

Address

66 LALA LAJPATRAI MARGFAJALPUR

City

UJJAIN

District

UJJAIN

State

MADHYA PRADESH





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

BKID0009107

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.