IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - CHOPDA (DIST JALGAON) - CHOPDA (DIST JALGAON) - CHOPDA

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


IFSC Code

BKID0000671

MICR Code

425013501

Branch

CHOPDA

Contact

2586220175

Address

C.T.S. NO. 2537MAHATMA GANDHI ROADCHOPDA DISTRICT JALGAON

City

CHOPDA (DIST JALGAON)

District

CHOPDA (DIST JALGAON)

State

MAHARASHTRA





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

BKID0000671

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.