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

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


IFSC Code

BKID0008716

MICR Code

440013511

Branch

KATOL

Contact

7112222080

Address

ORANGE PLAZA B WING STATION ROADKATOL TAH KATOL DIST. NAGPUR

City

KATOL

District

KATOL

State

MAHARASHTRA





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

BKID0008716

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.