IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - CHIMTHANE (DIST DHULE) - CHIMTHANE (DIST DHULE) - CHIMTHANE

BANK OF INDIA RTGS HO Branch in CHIMTHANE (DIST DHULE) - Address, IFSC, MICR Code


IFSC Code

BKID0000692

MICR Code

424013501

Branch

CHIMTHANE

Contact

2566226222

Address

AT & POST CHIMTHANEBLOCK SINDKHED DIST DHULE

City

CHIMTHANE (DIST DHULE)

District

CHIMTHANE (DIST DHULE)

State

MAHARASHTRA





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

BKID0000692

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.