IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - BHIWANDI - BHIWANDI - DHAMANKAR NAKA BHIWANDI

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


IFSC Code

BKID0000251

MICR Code

400013167

Branch

DHAMANKAR NAKA BHIWANDI

Contact

0

Address

DHAMANKAR NAKA72 SNEHA SADAN TELI PADA

City

BHIWANDI

District

BHIWANDI

State

MAHARASHTRA





What is IFSC Code of BANK OF INDIA situated at DHAMANKAR NAKA BHIWANDI- RTGS-HO?
IFSC Code of BANK OF INDIA situated at DHAMANKAR NAKA BHIWANDI - RTGS-HO is

BKID0000251

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.