IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - CHALISGAON - CHALISGAON - CHALISGAON

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


IFSC Code

BKID0000674

MICR Code

424013202

Branch

CHALISGAON

Contact

0

Address

HIRAPUR ROAD PLOT NO 44/3CHALISGAON 424101

City

CHALISGAON

District

CHALISGAON

State

MAHARASHTRA





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

BKID0000674

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.