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

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


IFSC Code

BKID0009108

MICR Code

456013008

Branch

SETHI NAGAR

Contact

7342519763

Address

216A SHETHI NAGARUJJAIN MP

City

UJJAIN

District

UJJAIN

State

MADHYA PRADESH





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

BKID0009108

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.