IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - KAMARALE (DIST RAIGAD) - KAMARALE (DIST RAIGAD) - KAMARLE

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


IFSC Code

BKID0001224

MICR Code

402013512

Branch

KAMARLE

Contact

2143278035

Address

AT & POST KAMARLETALUKA PEN DIST RAIGAD

City

KAMARALE (DIST RAIGAD)

District

KAMARALE (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001224

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.