IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - JAM (DIST WARDHA) - JAM (DIST WARDHA) - JAM

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


IFSC Code

BKID0009708

MICR Code

442013505

Branch

JAM

Contact

7151225437

Address

JAM BRANCH TAHSIL SAMUDRAPURDIST-WARDHA PIN 442305

City

JAM (DIST WARDHA)

District

JAM (DIST WARDHA)

State

MAHARASHTRA





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

BKID0009708

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.