IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MANDHANGAD (RATNAGIRI) - MANDHANGAD (RATNAGIRI) - MANDANGAD

BANK OF INDIA RTGS HO Branch in MANDHANGAD (RATNAGIRI) - Address, IFSC, MICR Code


IFSC Code

BKID0001403

MICR Code

415013556

Branch

MANDANGAD

Contact

2350225230

Address

TAPASHCHRYA MAIN ROADAT & POST MANDANGAD

City

MANDHANGAD (RATNAGIRI)

District

MANDHANGAD (RATNAGIRI)

State

MAHARASHTRA





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

BKID0001403

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.