IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MADUR (DIST KOLHAPUR) - MADUR (DIST KOLHAPUR) - MADUR

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


IFSC Code

BKID0000941

MICR Code

416013527

Branch

MADUR

Contact

2324250089

Address

KEDARLING VIKAS SEVA SANSTHA LTD.MADUR TAL.BHUDARGADDIST.KOLHAPUR

City

MADUR (DIST KOLHAPUR)

District

MADUR (DIST KOLHAPUR)

State

MAHARASHTRA





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

BKID0000941

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.