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

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


IFSC Code

BKID0001237

MICR Code

402013513

Branch

KHAMGAON

Contact

2149236005

Address

VAGHIR KRIPA BLDG LONARE SHREEWARDHANSTAT HIGHWAY KHAMGAON DIST RAIGAD

City

KHAMGAON (DIST RAIGAD)

District

KHAMGAON (DIST RAIGAD)

State

MAHARASHTRA





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

BKID0001237

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.