IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - LAVALE (DISTT. PUNE) - LAVALE (DISTT. PUNE) - LAVALE (PUNE DIST)

BANK OF INDIA RTGS HO Branch in LAVALE (DISTT. PUNE) - Address, IFSC, MICR Code


IFSC Code

BKID0000620

MICR Code

411013040

Branch

LAVALE (PUNE DIST)

Contact

2025171868

Address

AT & POST LAVALETALUKA MULSHI DISTT. PUNE

City

LAVALE (DISTT. PUNE)

District

LAVALE (DISTT. PUNE)

State

MAHARASHTRA





What is IFSC Code of BANK OF INDIA situated at LAVALE (PUNE DIST)- RTGS-HO?
IFSC Code of BANK OF INDIA situated at LAVALE (PUNE DIST) - RTGS-HO is

BKID0000620

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.