IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - BEED (MAHARASHTRA) - BEED (MAHARASHTRA) - ANANDWADI

BANK OF INDIA RTGS HO Branch in BEED (MAHARASHTRA) - Address, IFSC, MICR Code


IFSC Code

BKID0000761

MICR Code

431013302

Branch

ANANDWADI

Contact

2442232065

Address

NEAR ST. ANNE SCHOOL AT PO ANANDWADIJALNA ROAD TALUKA DIST BEED

City

BEED (MAHARASHTRA)

District

BEED (MAHARASHTRA)

State

MAHARASHTRA





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

BKID0000761

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.